Can improved ESG data, definitions, and standards really 'green' the banking sector?

Cecilia Keating
clock • 9 min read
Can improved ESG data, definitions, and standards really 'green' the banking sector?

Fresh criticism of a contentious sustainable finance report published by BlackRock for the European Commission adds to the long-running debate over how best to deliver a greener future for the finance sector

How can the banking sector transition away from financing environmentally exploitative activities and towards bankrolling sustainable development? A series of reports over the last few days has attempted...

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

NatWest AGM interrupted by climate protestors

NatWest AGM interrupted by climate protestors

Re-elected NatWest chair agrees to meet investors concerned at bank’s climate policy, after AGM hit by protests

Stuart Stone
clock 28 April 2026 • 4 min read
Forest secures £27m funding boost for London e-bike expansion

Forest secures £27m funding boost for London e-bike expansion

Company now has 1.5 million users and enables two million rides a month in London, making it the world's largest shared e-bike market

clock 28 April 2026 • 2 min read
Investors managing $1.38tr in assets accuse NatWest of climate 'backtracking'

Investors managing $1.38tr in assets accuse NatWest of climate 'backtracking'

Sixteen institutional investors back AGM statement expressing concern at bank's approach as energy transition reaches critical point

Stuart Stone
clock 27 April 2026 • 4 min read