Bank of America matches efforts by Morgan Stanley, LPMorgan Chase with net-zero financing goal

By Rachel Koning Beals, February 11, 2021

Bank of America joined select other big banks who’ve pledged to achieve net-zero greenhouse gas emissions through its financing before 2050.

Some environmental-minded and risk-averse shareholders are increasingly concerned about the systemic impacts of climate change to the economy, including that major banks continue to finance growth in fossil-fuel projects.