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banks

'The Carbon Bankroll': Are businesses ignoring how their cash is contributing to climate change?

Investment

'The Carbon Bankroll': Are businesses ignoring how their cash is contributing to climate change?

New study reveals that for some of the world's largest businesses their biggest source of carbon emissions is to be found in their cash reserves

clock 19 May 2022 • 6 min read
Sir Christopher Hohn urges shareholders to vote against climate-laggard bank directors

Investment

Sir Christopher Hohn urges shareholders to vote against climate-laggard bank directors

Billionaire hedge fund manager says banks committed to net zero while lobbying against climate regulations are guilty of ‘greenwashing’

clock 25 March 2022 • 3 min read
'Further work required': Bank of England raises alarm over financial industry's inconsistent approach to climate risk

BusinessGreen

'Further work required': Bank of England raises alarm over financial industry's inconsistent approach to climate risk

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

clock 13 January 2022 • 2 min read
'Adapt or die': Environment Agency chief urges bankers to stop investing in fossil fuels

Investment

'Adapt or die': Environment Agency chief urges bankers to stop investing in fossil fuels

Sir James Bevan argues net zero transition is set to dramatically accelerate in the wake of the COP26 Climate Summit

clock 23 November 2021 • 2 min read
Poll suggests top banks at risk of losing customers over fossil fuel financing

Investment

Poll suggests top banks at risk of losing customers over fossil fuel financing

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

clock 29 January 2021 •
Net zero for banks is climate science not rocket science

Energy

Net zero for banks is climate science not rocket science

Until British banks rule out all fossil fuel funding, their climate plans will remain inadequate, argues Market Forces' campaigner Adam McGibbon

clock 08 December 2020 •
Citi to disclose loan portfolio CO2 as it pledges $250bn green spending blitz

Investment

Citi to disclose loan portfolio CO2 as it pledges $250bn green spending blitz

Bank to report and disclose the emissions tied to its lending portfolios as it joins Partnership for Carbon Accounting Financials (PCAF)

clock 30 July 2020 •
'Time to pull the plug': Is pressure on coal-investing banks starting to deliver results?

Investment

'Time to pull the plug': Is pressure on coal-investing banks starting to deliver results?

High street banks such as Barclays, HSBC and Standard Chartered are facing growing pressure from activists, shareholders and potentially regulators over their links to to coal and potential stranded asset risk

clock 02 March 2020 •
Banks must understand that a low-carbon future is a strategic imperative

Investment

Banks must understand that a low-carbon future is a strategic imperative

CISL's Dr Nina Seega warns comments from major banks at Davos suggest they might be about to miss a huge opportunity afforded by climate change

clock 30 January 2020 •
'They know exactly how this ends': Top UK banks slammed for £25bn coal funding since 2015

Investment

'They know exactly how this ends': Top UK banks slammed for £25bn coal funding since 2015

Data from Greenpeace shows HSBC, Barclays, RBS, and Standard Chartered have collectively provided £25bn to companies with new coal plant plans since 2015

clock 05 December 2019 •
12
Most read
01

Liz Truss renews attacks on solar farms, vowing to free fields from 'paraphernalia'

10 August 2022 • 6 min read
02

Renewables industry hits back at Liz Truss's 'depressing' solar jibe

12 August 2022 • 5 min read
03

ScottishPower starts construction on 1.4GW Suffolk offshore wind farm

15 August 2022 • 3 min read
04

Carlton Power unveils plans for UK's latest green hydrogen hub

11 August 2022 • 3 min read
05

'Industrial decarbonisation': 20 hydrogen and CCS projects make shortlist for public funding

12 August 2022 • 4 min read
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