According to Paul Donofrio, the head of sustainability at Bank of America, the SEC's proposal for climate disclosures is "constructive and headed in the right direction." Donofrio.
Paul Donofrio, the head of sustainability at Bank of America, says the SEC's proposal for climate disclosures is constructive and headed in the right direction.
That Bank of America the second-largest bank by assets in the United States has announced that it generally supports the SEC's proposal is significant, to say the least.
By Elizabeth Dilts Marshall NEW YORK (Reuters) - Bank of America on Friday threw its support behind the securities regulator's proposal requiring U.S..