Sierra Club: Bank of America Rolls Back Restrictions on Financing for Coal, Arctic Oil and Gas
February 04, 2024
February 04, 2024
NEW YORK, Feb. 4 (TNSres) -- The Sierra Club issued the following news release:
In its most recently updated Environmental and Social Risk Policy Framework, Bank of America has weakened its policy restrictions from over two years ago (https://about.bankofamerica.com/content/dam/about/pdfs/environmental-and-social-risk-policy-framework-report.pdf), which stated that it would not directly finance oil and gas projects in the Arctic, new or expanded coal-fired power plants, and new or e . . .
In its most recently updated Environmental and Social Risk Policy Framework, Bank of America has weakened its policy restrictions from over two years ago (https://about.bankofamerica.com/content/dam/about/pdfs/environmental-and-social-risk-policy-framework-report.pdf), which stated that it would not directly finance oil and gas projects in the Arctic, new or expanded coal-fired power plants, and new or e . . .