'Deeply worrying': Banks accused of 'slowing down' their pursuit of net zero

Stuart Stone
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

Study warns banks are withdrawing or weakening net zero commitments and climate-related policies

Many of the world's leading banks have dialled down their 'low-carbon ambition', with some leading banks event ditching net zero commitments, targets, and policies altogether. That is the damning conclusion...

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

'Mixed signals': Only five countries have active deadlines to phase out fossil fuel subsidies

'Mixed signals': Only five countries have active deadlines to phase out fossil fuel subsidies

Recent emissions trends 'particularly far' from alignment with Paris Agreement goals, new study warns

Stuart Stone
clock 03 November 2026 • 4 min read
Study: Small businesses worldwide face $1.1tr green finance gap

Study: Small businesses worldwide face $1.1tr green finance gap

SMEs estimated to require huge increase in investment in energy efficiency, clean technologies, and climate adaptation measures to maintain competitiveness, but green loans remain hard to secure

BusinessGreen staff
clock 03 November 2026 • 3 min read
Zero-emission boiler company Luthmore secures £4.5m funding boost

Zero-emission boiler company Luthmore secures £4.5m funding boost

Funding to enable rollout of flagship Luthmore One boiler, which is being positions as an alternative green heating technology to heat pumps

clock 29 October 2026 • 1 min read