'Glacial pace': ShareAction slams European banks over sluggish action on climate crisis

Cecilia Keating
clock • 3 min read

Scorecard published by responsible investment group shows that banking sector is falling well short of best practices for climate risk management and disclosure

The European banking sector has largely flunked a scorecard tracking efforts to tackle the climate crisis, with progress in delivering new green finance products undermined by many banks ongoing support...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Investment

Zoom in on Net Zero - with Schroders' sustainability head Madeleine Cobb

Zoom in on Net Zero - with Schroders' sustainability head Madeleine Cobb

VIDEO: Asset managers' head of corporate sustainability joins BusinessGreen's James Murray for a chat about all things net zero

BusinessGreen staff
clock 02 December 2022 • 1 min read
Zoom in on Net Zero - with NatWest CEO Alison Rose

Zoom in on Net Zero - with NatWest CEO Alison Rose

VIDEO: Bank's chief executive speaks to BusinessGreen's James Murray about the challenge of achieving net zero financed emissions

James Murray
clock 02 December 2022 • 1 min read
Investment giants call on chemicals industry to phase out 'forever chemicals'

Investment giants call on chemicals industry to phase out 'forever chemicals'

James Murray
clock 02 December 2022 • 3 min read