Bank of America becomes third US lender to join carbon accounting initiative
Bank of America (BoA) has joined the Partnership for Carbon Accounting Financials (PCAF), the third major US lender to join the initiative in the past week, as pressure builds on financial institutions to tackle the emissions of their lending and investment portfolios.
Leading retailers and RBC act on supply chain emissions
Three of the world's 20 leading retailers – CVS Health, Target Corporation and Tesco – have joined Walmart in requesting information on their suppliers' carbon emissions as part of an initiative to improve supply chain sustainability.
FSB reveals big hitters behind new climate change task force
The Financial Stability Board (FSB) has named the members of its new climate change working group.