Royal Bank of Canada ranked world's biggest fossil fuel financier
The Royal Bank of Canada (RBC) has been ranked the world's biggest financier of fossil fuels, as banks across the US, Canada and Japan continue to dominate financing for oil and gas expansion.
US pension funds call on banks to disclose emissions targets
Ford raises $15bn in first sustainability-linked facilities from a US automaker
Ford Motor Company has signed sustainability-linked revolving credit facilities worth a combined $15.5 billion, making it the first US automaker to tie its facilities to sustainability performance targets and one of the largest borrowers globally through this type of instrument.
Banks under fire for funding that threatens biodiversity
The world's largest banks have been named and shamed for continuing to fund activities that threaten the biodiversity of the planet.
JP Morgan Chase makes 'Paris-aligned' financing commitment
JP Morgan Chase - which was recently revealed to be the biggest financier of fossil fuels - has pledged to align its financing with the goals of the Paris Climate Agreement, although one NGO criticised the commitment as "vague".