• IIGCC to step up pressure on banks to demonstrate action on net zero

    06 June 2023

    A group representing investors with €65 trillion ($70 trillion) in assets under management has published a set of expectations for banks, as they push for more details on how banks will act on pledges to achieve net zero emissions.

  • Six US banks to pilot Fed-led climate scenario analysis

    30 September 2022

    The US Federal Reserve has revealed that six of the largest US banks are to participate in a pilot exercise to study their ability to manage climate-related financial risks, in a significant development for the financial stability supervision framework in the world's largest economy.

  • Citi lays out initial net zero plan

    20 January 2022

    US banking giant Citigroup has laid out its initial net zero plan, including 2030 emissions targets for its energy and power loan portfolios.

  • Citi's $200m impact fund invests in seven companies

    26 January 2021

    US bank Citi has invested in seven companies via its $200 million impact fund, including in those focusing on the areas of technology, transportation and education.

  • Global banks supply $800m a day to plastics supply chain

    07 January 2021

    The amount of money that banks have pumped into the global plastics supply chain has been tracked in a new report