banking

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

Institutional Investors Group on Climate Change calls on banks to back their net zero pledges with moves to halt support for fossil fuels and activities that drive deforestation

Lawyers allege European Central Bank's quantitative easing programme undermines the EU’s emission reduction commitments because it favours high emitting companies

Fossil fuel financing declined by nine per cent in 2020 amid the economic downturn, but campaigners warn overall trend is 'one heading definitively in the wrong direction'

Investment bank says it will set interim emissions reduction targets for high-carbon portfolios by end of 2022

One in 10 consumers could leave their high street bank if made aware of the institution's investments in coal, oil, and gas, survey suggests

Deloitte's Better Banking Survey reveals a public increasingly concerned about the social and environmental credentials of the companies entrusted with their money

Bankers for Net Zero alliance convened by All Party Parliamentary Group (APPG) on Fair Business Banking unveils framework for sector's role in accelerating UK decarbonisation

But bank's commitment to decarbonising its financing by mid-century, on top of its supply chain and operations by 2030, is slammed by campaigners as "empty" and an "attempt to buy time" due to its failure to commit to divest from coal and oil and gas...