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Bing Guan - 1 Joe Biden's - 1 Invenergy - 1 Karen Fang - 1 Fang - 1 Blackstone - 1 Isla Binnie - 1 Marguerita Choy - 1
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Energy Facility California U.S Invenergy Canada's Caisse Quebec
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Search resuls for: "Karen Fang"


4 mentions found


☆ US investor group clinches tax credit deal for $1.5 bln renewable power acquisition
  + stars: | 2023-08-16 | by ( Isla Binnie | ) www.reuters.com   time to read: +2 min
Power-generating Siemens 2.37 megawatt (MW) wind turbines are seen at the Ocotillo Wind Energy Facility California, U.S., May 29, 2020. Invenergy said in a statement it agreed to sell tax credits worth $580 million to Bank of America, and put those funds towards buying 14 projects from American Electric Power (AEP.O). It "creates a financeable transferability product that will be used to scale the growth of renewable energy," Fang said. Analysts at investment bank Credit Suisse have estimated the IRA could lead to the generation of tax credits worth $576 billion by 2031. Private equity firm Blackstone has invested around $4 billion in Invenergy.
Persons: Bing Guan, Joe Biden's, Invenergy, Karen Fang, Fang, Blackstone, Isla Binnie, Marguerita Choy Organizations: Energy Facility, REUTERS, Invenergy, Blackstone, Bank of America, American Electric Power, Bank of, International Energy Agency, Credit Suisse, Treasury Department, Internal Revenue, Canada's, Thomson Locations: Energy Facility California, U.S, Invenergy, Canada's Caisse, Quebec
☆ Execs at Bank of America, Dow, and JUST Capital say being prosperous isn't just about having enough money
  + stars: | 2022-05-11 | by ( Tim Paradis | ) www.businessinsider.com   time to read: +5 min
The event, in partnership with Bank of America, took place Tuesday, May 10. Martin Whittaker, chief executive officer of the nonprofit JUST Capital, said there is now a greater focus on worker well-being than ever. For Karen Fang, the managing director and global head of sustainable finance at Bank of America, prosperity includes access to basics like financial services and digital inclusion. "The definition of prosperity has gone from economic prosperity to social prosperity," Fang said. She said the bank has hired 10,000 workers from these areas, a goal it achieved two years early.
☆ SIGN UP NOW: How creating broad-based economic prosperity can impact a company's community
  + stars: | 2022-04-19 | by ( Business Insider | ) www.businessinsider.com   time to read: +2 min
We live in a time of urgency for businesses to embrace long-term, sustainable value. On May 10, 2022, Insider is hosting "Financing a Sustainable Future - Creating Broad-based Economic Prosperity," a free virtual event at noon ET, featuring speakers from Bank of America, JUST Capital, Dow, and more. Click here to register for this free virtual event. We live in a time of urgency for businesses to embrace long-term, sustainable value creation and prioritize the needs of people, the planet, and the creation of broad-based economic prosperity. The event will take a closer look at the third of the four pillars of ESG reporting, as defined by the World Economy Forum: Prosperity.
☆ Execs at Bank of America, Cognizant, and Walmart share how they think about, measure, and finance sustainability goals on the path to net zero
  + stars: | 2022-04-15 | by ( Elle Hardy | ) www.businessinsider.com   time to read: +4 min
The UN's Sustainable Development Goals are not being met because the ESG bond market is way behind. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. But funding is still way behind when it comes to the environmental aspect, said Karen Fang, the managing director and global head of sustainable finance at Bank of America. Kathleen McLaughlin, the executive vice president and chief sustainability officer at Walmart, said that ESG issues are connected to the long-term prospects of any company. McLaughlin said that Walmart has high ESG ambitions as a company and eventually wants to become regenerative.
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