Banks face 'risk of errors' in applying EU Taxonomy
An investigation by the European Banking Federation (EBF) and UNEP FI into the impact of the EU Taxonomy on retail and corporate banking found that its complexity leads to a risk of errors when applying it.
Nine banks add their backing to Principles for Responsible Banking
A further nine banks and eight other stakeholders have backed the fledgling Principles for Responsible Banking, the UN Environment Finance Initiative (UNEP FI) has revealed.
Allianz, KB Financial and Westpac named sustainability leaders
German insurer Allianz, Korean bank KB Financial and Australia's Westpac Banking Corp are the top financial sector performers in terms of corporate sustainability, according to Swiss asset manager RobecoSAM.