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Lloyds excludes Arctic oil and gas exploration
24 February 2020Lloyds Banking Group has pledged to not support oil and gas exploration in the Arctic and Antarctic territories.
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Malaysian banks fund coal power projects at expense of renewables
21 February 2020Malaysian 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.
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People Moves 14 February: LGIM; Leapfrog; AllianceBernstein; Lloyds; Green Giraffe; and more
14 February 2020 -
RBS targets halving emissions from financing activity by 2030
14 February 2020The 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.
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Lloyds targets halving emissions from loan book by 2030
22 January 2020 -
UK’s Climate Financial Risk Forum to produce guidance on climate risk
12 March 2019The Climate Financial Risk Forum (CFRF) – a new UK body comprising insurers, banks and asset managers – aims to produce practical guidance to address climate-related financial risks.
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ClimateWise launches practical guides to scenario analysis
22 February 2019New and updated tools have been launched to help Investors use scenario analysis to understand how climate risks could affect their investment portfolios.
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CISL to launch open-source tool to assess infrastructure transition risk
04 December 2018The Cambridge Institute for Sustainability Leadership (CISL) is preparing to launch a modelling tool to assess how the transition to a low-carbon economy will impact the financial performance of infrastructure investments.
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ShareAction publishes recommendations for banking engagement
27 September 2018NGO ShareAction has published a list of climate-related themes on which investors can engage banks.
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Private sector lagging on climate disclosure, report claims
17 August 2018Private sector asset owners tend to be less prepared than their public sector counterparts to make voluntary public statements and disclosures related to climate change, a report has claimed.