Finance
Morgan Stanley targets 'zero financed emissions' by 2050 in US first
But investment bank highlights lack of consistent CO2 methodologies for finance as 'critical challenge' for establishing near-term emissions reduction targets for its portfolio
Bank of England admits bond portfolio out of step with Paris climate goals
Central bank publishes first ever climate risk assessment revealing non-gilt holdings aligned with whopping 3.5C global warming scenario
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.
Most read
