Archive

Bank of America: The decarbonisation task is 'overwhelming'

The decarbonisation journey ahead is "quite overwhelming" for banks as the goal will require every client to be net zero, the Bank of America has said.

BoA: Climate advisory 'massive opportunity' amid 'death' of coal for power

Bank of America (BoA) is spending much of its advisory time in the middle ground between the green sector and fossil fuels, an executive has said.

Physical climate risk could threaten 10% of major US bank lending

Physical climate risk could threaten more than 10% of the trillion-dollar loan portfolios held by the largest US banks by 2080...

People moves 3 September: MSCI, Neuberger Berman, APG, Allianz GI, Carlyle Group and more

Finucane retires from BoA

Bank of America invests $314 million in NY Green Bank

The Bank of America has invested $314 million in NY Green Bank in the largest private fundraising deal...

Germany mandates 30-year green bond ahead of planned May issue

Germany has mandated six banks as lead managers for its first 30-year green bond, expected to be issued later in May.

Banks with $29trn in assets pledge to set 2050 'net zero' targets

A group of banks with about $28.5 trillion in assets has joined a UN-convened 'Net Zero Banking Alliance', and in doing so pledged to "align operational and attributable emissions from their portfolios with pathways to net-zero by 2050 or sooner".

Investor group urges banks to set enhanced net zero targets

News round-up: GRI, SASB standards 'complementary', BoA boosts ESG financing target, Impax reaches assets milestone ... and more