Archive

Banks call on EU to provide transition plan guidelines

Banks have called on the EU to catch-up with other jurisdictions - in particular, the UK and Japan - by providing guidance on transition plans and finance.

Deutsche Bank agrees green loan for Vietnamese manufacturing factory

Investors hail 'momentous' High Seas Treaty

Financiers welcomed the "milestone" UN agreement to protect a third of the High Seas by 2030, but cautioned that further action is needed to ensure it achieves its goals.

Deutsche Bank targets €500bn in ESG financing by 2025

Rebuttable presumptions rebutted in comment letters to EFRAG

Concerns over the rebuttable presumptions approach to reporting in the draft European Sustainability Reporting Standards (ESRS) diluting the quality of reporting and overburdening entities...

DB: Combat nature-related market failure risk with SMEs

Finance needs to overhaul its approach to nature-related risks to tackle the increasing risk of market failure, an executive at Deutsche Bank has said.

Australian regulator launches anti-greenwashing fund guidance

The Australian Securities and Investments Commission (ASIC) has launched guidance for sustainability-related products to combat what it called the "growing risk of greenwashing".

UBP and Deutsche Bank analyse 'EU Farm to Fork' strategy

Deutsche Bank industry loans responsible for 30.8m tonnes of CO2 in 2021

Deutsche Bank calculated that its corporate industry loan book financed 30.8 million tonnes of CO2 equivalent per year (MtCO2e/y) in 2021.

NZBA pumped $38bn into oil and gas since launch

25 members of the Net Zero Banking Alliance (NZBA) have financed at least $38 billion of oil and gas funding since the group's launch under a year ago, according to pressure group ShareAction.