Archive

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...

Hong Kong appoints sustainable finance group to bolster disclosures

Hong Kong's securities regulator and central bank have helped create a group of experts to develop sustainability reporting and a dedicated carbon market in the territory.

Investors use 'up to 100,000 pieces of data' to show EU taxonomy alignment

The sustainability reporting burden imposed by regulation could be lessened in coming years with the development of a free-to-use European database, an Environmental Finance webinar heard. Michael Hurley reports

Citi impact fund invests in fintech, healthcare companies

US bank Citi has invested an undisclosed amount, via its $200 million impact fund, in five companies active in the areas of financial technology, remote healthcare, energy efficiency and construction.

Six banks launch steel sector decarbonisation working group

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".

News round-up: BlackRock, Eurazeo, CBL, COP26 and Standard Chartered

Standard Chartered signs up to Poseidon Principles

Investor group urges banks to set enhanced net zero targets