Finance

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...

New standard aims to help protect companies from accusations of greenwash by ensuring they prioritise the highest-quality, most effective carbon offsets available

But investment bank highlights lack of consistent CO2 methodologies for finance as 'critical challenge' for establishing near-term emissions reduction targets for its portfolio

Central bank publishes first ever climate risk assessment revealing non-gilt holdings aligned with whopping 3.5C global warming scenario

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.