'Roadmap to nowhere': UK banks' transition plans 'not fit for purpose', study warns

clock • 3 min read
Credit: iStock
Image:

Credit: iStock

Reclaim Finance says new study shows the need for more robust regulation of banks' transition plans

UK banking giants Barclays, HSBC, Lloyds, NatWest, and Standard Chartered have all been accused of failing to deliver credible transition plans to align their businesses and investments with the 1.5C temperature...

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

Amber Rolt

View profile
More from Amber Rolt

National Trust and Admiral insurance team up for natural flood prevention partnership

'Largest ever': Amazon's latest electric truck order hits the roads

More on Management

'Green hushing' risks just transition momentum when it's needed most
Management

'Green hushing' risks just transition momentum when it's needed most

Haley St. Dennis at the Institute for Human Rights and Business argues companies risk hampering progress by failing to promote the work they are doing to deliver a just transition

Haley St. Dennis, Institute for Human Rights and Business
clock 04 November 2025 • 6 min read
Sustainable Ventures cuts ribbon on new climate tech start-up hub in Manchester
Management

Sustainable Ventures cuts ribbon on new climate tech start-up hub in Manchester

Investment firm announces launch of Manchester hub for climate start-ups following success of London co-working space

Amber Rolt
clock 31 October 2025 • 3 min read
Sustainability isn't stalling, it's maturing - and coordination is the new capability
Management

Sustainability isn't stalling, it's maturing - and coordination is the new capability

Partner Insight: To drive systemic change, sustainability needs to shift from a goal to a decision-making capability, writes AVEVA's chief sustainability officer Lisa Wee

Lisa Wee, AVEVA
clock 27 October 2025 • 4 min read