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banking

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

Investment

'Everybody wins in the long term': 130 banks worth $47tr to align with Paris Agreement

More than 130 major banks holding assets of $47tr pledge to align strategies with the Paris Agreement and UN Sustainable Development Goals

clock 22 September 2019 • 3 min read

Policy

We need a Green Bank of England

We should empower our central bank to go further in steering capital flows towards the low-carbon economy, argues Positive Money's executive director Fran Boait

clock 19 August 2019 • 4 min read

Investment

Did you hear the one about the Big Banks?

BNP Paribas' Bob Hawley reveals the work BNP Paribas is doing to address SDG1, the target to end poverty

clock 05 July 2019 • 3 min read

Investment

'Game changer': French bank Crédit Agricole to ditch EU coal by 2030

Banking giant to publish new independently-verified climate strategy aligned with the Paris Agreement in 2020

clock 07 June 2019 • 3 min read
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