Bank of America turns back on coal mining industry in bid to tackle climate change

Jessica Shankleman
clock

Environmental campaigners hail 'sea change' move from investment giant as it promises to ditch exposure to coal

Bank of America (BoA) has reportedly confirmed plans to phase out investments in coal mining companies in a bid to combat climate change by aiding the transition to a low carbon economy. A new policy...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Investment

ZeroAvia's hydrogen plane

Big names including Amazon, Honeywell, Mitsubishi line up behind green hydrogen

A flurry of funding rounds have underscored how many big corporates are keen to turbocharge the fledgling hydrogen market

Seb Peltekian, GreenBiz.com
clock 05 August 2022 • 6 min read
A Hyundai fuel cell vehicle

'Structural growth': Global sales of fuel cell vehicles jump 80 per cent in 2021

New research from Credit Suisse suggests that fuel cell vehicles may yet have a crucial role to play in the logistics and haulage markets

clock 05 August 2022 • 3 min read
Government awards £37m to biomass and hydrogen innovation projects

Government awards £37m to biomass and hydrogen innovation projects

Latest wave of funding from innovation programmes aims to drive development of sustainable biomass feedstocks and new low carbon hydrogen technologies

clock 05 August 2022 • 3 min read