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“Financial institution of America CEO says new ESG guidelines are wanted to reboot capitalism” #WEF – Funding Watch


  • Financial institution of America Chief Government Brian Moynihan instructed the World Financial Discussion board in Davos that official world requirements on sustainability and local weather have been wanted to “align capitalism with what society needs from it.”
  • Moynihan helps the work of a brand new Worldwide Sustainability Requirements Board.
  • “An funding supervisor, a shopper, society, others can sit there and say, right here’s a line that’s acceptable and also you’re both above it or under it,” Moynihan stated.
  • “In the event you’re under it we shouldn’t do enterprise with you.”

www.cnbc.com/2023/01/18/bank-of-america-ceo-says-capitalism-needs-cleaning-up-with-new-global-esg-rules.html

 



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