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banking

'Fuelling the financial shocks of tomorrow': UK banks branded Europe's biggest backers of coal projects

Investment

'Fuelling the financial shocks of tomorrow': UK banks branded Europe's biggest backers of coal projects

UK banks provided $8.3bn in loans and underwriting to coal companies between 2022 and 2025, according to new data

clock 30 September 2026 • 5 min read
Climate resilience: Lloyds calls for 'national security mindset' to help scale up adaptation investment

Investment

Climate resilience: Lloyds calls for 'national security mindset' to help scale up adaptation investment

Lloyds Banking Group urges public and private sector to adopt 'national security mindset' in support of work to make UK's ageing infrastructure more resilient to climate change

clock 22 September 2026 • 3 min read
Study: Physical climate risks emerging faster than financial frameworks are adapting

Investment

Study: Physical climate risks emerging faster than financial frameworks are adapting

CISL calls for renewed effort to fold physical climate hazards, insurance adequacy, and adaptation and resilience investments into standard credit assessments

clock 26 May 2026 • 4 min read
Church of England Pensions Board to vote against 'climate backtracking banks'

Investment

Church of England Pensions Board to vote against 'climate backtracking banks'

Manager of £3.4bn-worth of funds reveals plan to vote against reappointment of directors at leading banks over climate risk concerns

clock 26 March 2026 • 5 min read
Maintain momentum or 'back to the future': What next for the Net Zero Banking Alliance?

Investment

Maintain momentum or 'back to the future': What next for the Net Zero Banking Alliance?

The NZBA's decision to cease operations has been described as both 'sustainability backsliding' and a necessary 'course correction' - but what happens now for the organisation and the banking industry's net zero transition?

clock 20 November 2025 • 13 min read
'More like a retreat than a recalibration': HSBC accused of weakening 2030 climate goals

Investment

'More like a retreat than a recalibration': HSBC accused of weakening 2030 climate goals

Banking giant updates targets for financed emissions, citing 'evolving context' and 'inconsistent pace' of net zero transition

clock 07 November 2025 • 6 min read
'Little progress': LSE study warns top banks are continuing to back new fossil fuel projects

Investment

'Little progress': LSE study warns top banks are continuing to back new fossil fuel projects

Analysis reveals no bank has fully committed to ending financing for all new oil and gas fields or coal projects

clock 22 October 2025 • 3 min read
'Banks must walk the talk': How the UK's top banks' fossil fuel finance continues to outstrip clean energy funding

Investment

'Banks must walk the talk': How the UK's top banks' fossil fuel finance continues to outstrip clean energy funding

World's 65 largest banks provided more than twice as much funding for fossil fuels than for clean energy sources between 2021 and 2024, new research shows

clock 24 September 2025 • 5 min read
Ecology Building Society secures £7m funding in boost to expansion plans

Investment

Ecology Building Society secures £7m funding in boost to expansion plans

Fresh investment to strengthen green lender's push towards net zero operations and lending by 2050

clock 04 September 2025 • 2 min read
'This isn't just about one bank': HSBC becomes first major UK bank to quit Net Zero Banking Alliance

Climate change

'This isn't just about one bank': HSBC becomes first major UK bank to quit Net Zero Banking Alliance

Green finance groups fear HSBC's exit from the net zero industry group could see the banking sector's 'dangerous rollback' on climate action cross the Atlantic

clock 15 July 2025 • 7 min read
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