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banking

Investment

HSBC pledges to reach net zero financed emissions by mid-century

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...

clock 09 October 2020 • 3 min read

Investment

NatWest launches real-time CO2 footprint tracker for banking customers

Partnership with fintech company CoGo will give NatWest customers access to an on-the-go carbon emissions calculator informed by their personal spending

clock 22 September 2020 • 3 min read

Investment

Bulk of UK banks lack convincing climate strategy, Ethical Consumer warns

Conclusion based on research conducted by the magazine, which asked how banks were measuring and evaluating the climate impacts of their investments

clock 10 September 2020 • 2 min read

Carbon Accounting

Morgan Stanley pledges to measure CO2 impact of loans and investments

Green campaigners hail 'step in the right direction' as first major US bank commits to disclosing its climate impact

clock 21 July 2020 • 3 min read

Management

JP Morgan Chase climate shareholder resolution narrowly defeated

Resolution's narrow defeat – at 49.6 per cent – sends a clear sign to bank that investors are increasingly displeased with its approach to fossil fuel investment.

clock 20 May 2020 • 2 min read

Investment

'Glacial pace': ShareAction slams European banks over sluggish action on climate crisis

Scorecard published by responsible investment group shows that banking sector is falling well short of best practices for climate risk management and disclosure

clock 26 April 2020 • 3 min read

Investment

'Clear and implementable': Barclays aims to become net zero bank by 2050

British bank promises to align all financing activities with Paris Agreement and target at least £100bn green financing by 2030

clock 30 March 2020 • 4 min read

Net Zero Now

RBS to phase out coal funding as it sets sites on becoming 'climate positive' bank

Partly UK state-owned banking group's net zero strategy includes halving climate impact of its lending by 2030, as it unveils plans to rebrand as NatWest Group later this year

clock 14 February 2020 • 4 min read

Energy

BNP Paribas to end all coal investments worldwide by 2040

French banking giant to end coal financing in Europe by 2030 and sets new renewable energy investment target of €18bn by 2021

clock 25 November 2019 • 3 min read

Investment

FTSE 100 firms failing to develop adequate climate strategies, research shows

Around 85 per cent of the top companies in the UK do not yet have adequate climate strategies in place to keep the planet within safe global warming limits, EcoAct report shows

clock 26 September 2019 • 5 min read
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