banking

Draft recommendation reportedly criticises bank for failing to provide sufficient context on its continued investments in fossil fuels

Climate Action 100+ investor group pledges to step up its engagement activity during this year's proxy season in a bid to encourage firms to beef up their currently inadequate climate strategies

Banks must be officially certified as fossil free from campaign group Bank.Green to join initiative

Prudential Regulation Authority puts action on climate risk among its top priorities for global banks in 2022

European Central Bank has urged banks to step up their climate risk assessments, after major benchmarking exercise reveals sector is poorly prepared for escalating impacts

Dozens of peers and MPs pen letter to Bank of England Governor Andrew Bailey urging him to tighten rules for fossil fuel financing ahead of pivotal COP26 Climate Summit

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

Free-to-use module is launched by UN-backed Natural Capital Finance Alliance, as Green Finance Institute publishes recommendations for how UK finance can help develop a nature-positive economy

First ever analysis of financed emissions of global asset managers, owners, insurers and banks from CDP reveals financial players are systematically underestimating their exposure to climate risk

GFANZ aims to ensure commitments across all parts of the financial sector are ‘coordinated and ambitious’, but campaigners warn scheme falls short of aligning sector's activity with global climate goals