Announcement comes ahead of the bank’s AGM, where its renewables to fossil fuel financing ratio will be scrutinised
More money for green industries, but little relief for SMEs and the poorest in UK chancellor Jeremy Hunt’s plans
The financial sector’s policy and disclosures fall behind others
Acceptance of fossil fuel companies’ assets as collateral goes against the BoE’s net zero remit, says a new paper
The UK could lose billions in green energy investment without addressing bureaucratic and grid capacity issues, says report
Experts are concerned about how banks’ connections to fossil fuel companies may be affecting the progress of the green transition
Most financing decisions for climate action do not explicitly consider the social risks or opportunities, says LSE
Asia, ME and Latam remain bright spots for ESG bonds as growth in Europe and the US slows
Will Japan’s $11bn climate transition bond drive wider adoption of transition finance?
PCAF responds to criticism and explains the process behind developing emission disclosure standards for banks
Climate misalignment exposes European banks to greater risks and insolvency issues, says ECB
Treasurers from leading UK universities want banks to develop “cash products” that do not contribute to fossil fuel expansion
Getting companies to share data about their impact on nature and climate is like pulling teeth
No one seems to have a clear definition of what makes a robust transition plan
Does the transition away from fossil fuels towards ‘green’ or renewable forms of energy have a dark side?
Can AI predict the impact of catastrophic climate events, so they can be mitigated?
The EBRD announces a new CSO steering committee to improve engagement, but its human rights due diligence is still seen as inadequate
Will ING’s landmark decision accelerate the decarbonisation of the steel industry?
The Taskforce on Nature-related Financial Disclosures announces that more than 100 banks, including seven G-SIBs, are among the first adopters of its recommendations.
Scope 3 emissions disclosure is increasingly becoming a regulatory requirement, but financial services firms are struggling with reporting and are concerned they are at risk of unintentional greenwashing.