Archive

Industry heads call for ESG data register across EU

HSBC closes coal project funding loophole as pressure mounts

HSBC has closed a controversial loophole which allowed the bank to continue to fund coal projects in three countries, but campaigners continued to push for coal funding to be withdrawn altogether.

Barclays tightens climate policy amid shareholder pressure

Barclays has announced an ambition to be net-zero carbon emissions by 2050 across its lending activities, but campaigners are pushing for commitments to faster progress.

Investors warned about rate of change in ESG materiality

Major shareholder Jupiter supports Barclays fossil fuel funding resolution

Jupiter Asset Management has joined the swelling ranks of investors supporting a shareholder resolution calling on Barclays to phase out its funding for fossil fuel firms.

Lloyds excludes Arctic oil and gas exploration

Lloyds Banking Group has pledged to not support oil and gas exploration in the Arctic and Antarctic territories.

Malaysian banks fund coal power projects at expense of renewables

Malaysian banks continue to provide significant funding to coal power projects amid a rising number of international peers stepping back from such financing, according to a report by an Australian environmental pressure group.

People Moves 14 February: LGIM; Leapfrog; AllianceBernstein; Lloyds; Green Giraffe; and more

RBS targets halving emissions from financing activity by 2030

The UK's Royal Bank of Scotland Group (RBS) pledged to halve the climate activity of its financing activity by 2030 - although it admitted that it does not know how it will achieve the goal.

Harvard publishes framework to measure impact of company products

A framework for "systematic measurement of product impact in monetary terms" has been published by Harvard Business School.