Archive

  • 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.

  • 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

  • Rocky Mountain Institute launches climate finance centre with US banks

    09 July 2020

    The Rocky Mountain Institute (RMI) has launched a research centre to help shape the role that the financial industry has in driving the transition to a low-carbon economy, with four major US banks collaborating on the project

  • US 'Opportunity Zones' not living up to impact goals, study says

    18 June 2020

    The US government's Opportunity Zones economic development scheme is failing the deprived communities it was built to serve - and especially those in majority-black neighbourhoods, a report claims.

  • Deutsche Bank sets 'ambitious' sustainability targets

    15 May 2020

    Deutsche Bank outlined targets which will see the German lender boost sustainability assets to over €200 billion ($217 billion) by 2025 and issue its first green bond.

  • MSCI launches two ESG corporate bond indexes

    10 January 2020

    New York-listed financial data firm MSCI has launched two corporate bond indexes weighted according to environmental, social and governance (ESG) considerations.