Market News
NEW YORK - How large banks manage their sustainable investments; the role they play as intermediaries versus direct investors, and the measurable impact of those investments on the environment and communities affected are questions that often receive little attention.
The ambitious $1.5 trillion objective, launched in 2020, is something Fang believes is within the bank's reach. CONSERVATIVE APPROACH IN INVESTMENT DECISIONS Many companies have become increasingly cautious when promoting their sustainability achievements, and rightfully so. Regulators, such as the Securities and Exchange Commission , have stepped up their oversight and enforcement against"greenwashing," where companies inflate their green credentials to attract more capital or investors.
TOUGHER PROJECTS Despite the bank's success and activity in sustainable finance, Fang acknowledged that there were challenges in certain markets and with developing technologies.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Funflation' is here to stay as live events fuel economy: Bank of America'Funflation' is in full force as live events boom amid a turbulent time in the entertainment industry.
Read more »
Posthaste: Why the Bank of Canada pause won't save the housing market this timeBank of Canada interest rate pause is not likely to revive Canada\u0027s housing market like it did in the spring, economists say. Find out more
Read more »
Posthaste: Why the Bank of Canada pause won't save the housing market this timeBank of Canada interest rate pause is not likely to revive Canada\u0027s housing market like it did in the spring, economists say. Find out more
Read more »
Posthaste: Why the Bank of Canada pause won't save the housing market this timeNo real recovery until the Bank cuts rates, say economists
Read more »
Stocks mixed as Wall Street braces for Fed meeting: Stock market news todayWall Street fixed its focus on an upcoming Federal Reserve meeting where the central bank will issue its next interest rate decision: stock market news today.
Read more »
Citi says it expects BoE to pause after one more rate hikeMarket News
Read more »