ESG

Will green mortgages help U.S. banks reach climate goals?

08/05/20

As lenders redouble their efforts to measure the carbon impact of their loans, they’re finding that residential mortgages are often one of the biggest line items on their books.

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Citi, BofA to disclose how loans contribute to climate change

07/29/20

The pair has joined Morgan Stanley among the roster of global banks pledging to measure the impact their lending decisions have on global warming. Citi also said it would finance $250 billion of low-carbon projects.

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How the pandemic redefined Truist's philanthropic priorities

07/28/20

The company's foundation, whose mission had been carefully planned by BB&T and SunTrust before their merger, opened just nine days before the novel coronavirus was declared a pandemic. Here’s what happened next.

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Bank of the West launches eco-friendly checking account

07/20/20

The new consumer deposit product will provide customers a snapshot of the carbon impact of their purchases and offer other incentives to entice the environmentally conscious.

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Four big banks throw weight behind climate finance center

07/09/20

The new Center for Climate-Aligned Finance will help financial institutions navigate the various challenges involved in the shift to renewable energy — as lenders, power consumers and corporate citizens. Its backers include JPMorgan and Bank of America.

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Why Associated plugged in to community solar energy

07/07/20

The Wisconsin banking company recently agreed to use five solar gardens to power 39 branches. The move, part of a broader sustainability push, is expected to deliver significant cost savings and could benefit rural communities, Associated said.

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Banking with purpose: A new social contract

06/23/20

The pandemic and the Black Lives Matter protests have changed the way banks interact with their customers, communities and employees. Here's how.

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Pandemic and protests: How the tumult of 2020 will forever change banking

06/23/20

A global health crisis. Economic free fall. A reckoning over racism and inequality. We will not be the same after this — and neither will banking.

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An ‘overwhelming’ moment: Behind BofA’s $1B racial justice commitment

06/18/20

From hiring to health care, Vice Chair Anne Finucane shares details about Bank of America’s pledge to address vital needs in minority communities.

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Bank of America commits $1B to coronavirus relief for people of color

06/02/20

The funds will be used to support housing, job training and aid for small businesses in communities that have been disproportionately affected by the pandemic.

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