Archive

Physical climate risk could threaten 10% of major US bank lending

Physical climate risk could threaten more than 10% of the trillion-dollar loan portfolios held by the largest US banks by 2080...

People Moves 19 February: US Bank; Deloitte; S&P Global; Impact Cubed; First Sentier Investors; AXA IM; Chronos; Triple Point; EBRD; New Forests

Principles for Responsible Banking launched with backing of 28 banks

The launch of a set of six principles seeking to commit banks to align with both the Paris Agreement and the UN’s Sustainable Development Goals (SDGs) has been hailed as a ‘global benchmark for sustainable banking’.

Sustainable banking principles to be launched in November

Banks from five different continents have joined forces to redefine the sector's purpose, in alignment with the UN Sustainable Development Goals (SDGs) and the Paris Agreement.

JP Morgan and BlackRock launch ESG emerging market fixed income index

JP Morgan and BlackRock have joined forces to launch what they claim to be the "first-of-its kind" suite of emerging markets, fixed income indexes that integrate environmental, social and governance (ESG) factors.

EIB teams up with Piraeus Bank to support green investments in Greece

The European Investment Bank (EIB) has joined forces with the largest Greek bank to launch a €100 million ($124 million) initiative to back energy efficiency investments.

Several banks still funding tar sands projects

A number of commercial banks continue to finance the tar sands sector at levels that do not align with the Paris Agreement targets, according to environmental organisation Rainforest Action Network (RAN).

$60m solar fund's 'innovative structure'

A $60 million solar fund backed by Connecticut's green bank has a "one of a kind" financial structure, it was claimed today.