Financing change: Science-based targets system launched for banks and investors

clock • 2 min read

As many as 55 banks and financial firms including Standard Chartered and Amalgamated Bank have already committed to setting climate targets under the new system

Banks, investors and insurance companies can now draw on a scientifically vetted methodology to set climate targets aligned with the Paris Agreement, as the Science Based Targets initaitive (SBTi) today...

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

Author spotlight

Toby Hill

View profile
More from Toby Hill

'Indispensible': Can the carbon offset market bolster its credibility?

Sadiq Khan pledges 170,000 London green jobs in mayoral re-election pitch

More on Investment

UNEP: Annual global investment in forests needs to triple to $300bn by 2030
Investment

UNEP: Annual global investment in forests needs to triple to $300bn by 2030

Tropical forests provide huge range of vital services on which humanity depends, yet conservation funding shortfalls are set to reach over $200bn a year by the end of the decade

Michael Holder
Michael Holder
clock 15 October 2025 • 4 min read
Lidl GB to plough £30bn into British food and farming over next five years
Investment

Lidl GB to plough £30bn into British food and farming over next five years

Discounter doubles food and farming funding pledge in bid to enhance climate resilience and promote more sustainable farming practices

Stuart Stone
Stuart Stone
clock 15 October 2025 • 2 min read
Over half of National Wealth Fund investment allocated to clean energy projects
Investment

Over half of National Wealth Fund investment allocated to clean energy projects

NWF's annual impact report confirms that for every £1m invested, fund is helping to avoid 6,900 tonnes of CO2 equivalent

Stuart Stone
Stuart Stone
clock 14 October 2025 • 3 min read