Bank of America Accused of Using 'Accounting Tricks as Real Climate Action'

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Bank of America Accused of Using 'Accounting Tricks as Real Climate Action'
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'Bank of America is trying to pass off vague pledges and accounting tricks as real climate action.' StopMoneyPipe

—will put the Paris climate agreement's goal of limiting global heating to 1.5°C out of reach.

"Bank of America's intensity-only targets, which lag well behind U.S. and global best practice, put it firmly on the side of climate delay, when time is quickly running out to cut absolute emissions in half by 2030," he added. Connon expressed hope that the bank's investors will"take note of this duplicity and vote in favor of critical climate resolutions."

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