World's largest banks guilty of ignoring climate risks, warns report

clock • 2 min read

New investor-backed study urges banks to do more to support transition to low carbon economy

The world's largest banks are failing to take a strategic approach to climate-related risks, with a huge divide remaining between current practices and the potential to support the transition to a low-carbon...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Point One: More than 30 firms commit 0.1 per cent of revenue to support global clean energy rollout

Point One: More than 30 firms commit 0.1 per cent of revenue to support global clean energy rollout

Paul Polman, Christiana Figueres, and actor Riz Ahmed back new SME-focused campaign that draws on analysis showing how investing just 0.1 per cent of global revenues could build a clean power system by 2040

Stuart Stone
clock 18 March 2026 • 3 min read
Nest updates voting policy to address reversal on climate commitments

Nest updates voting policy to address reversal on climate commitments

Master trust says it will vote against board chairs who have 'materially' scaled back climate policy

Martin Richmond
clock 13 March 2026 • 2 min read
Climate finance still treats women as a risk - but the real risk is continuing to overlook them

Climate finance still treats women as a risk - but the real risk is continuing to overlook them

Too often women are framed primarily as those most vulnerable to climate risk rather than as builders of climate resilience, writes Project Dandelion co-founder Ronda Carnegie

Ronda Carnegie, Project Dandelion
clock 13 March 2026 • 5 min read