IIGCC to step up pressure on banks to demonstrate action on net zero
06 June 2023
A group representing investors with €65 trillion ($70 trillion) in assets under management has published a set of expectations for banks, as they push for more details on how banks will act on pledges to achieve net zero emissions.
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.
Minority of US bank investors support climate proposals
27 April 2022
North American banks form climate risk group
14 January 2022
A group of 19 US and Canadian banks has formally agreed to collaborate on approaches to managing climate risk, as regulators across the continent ready new rules.
Wells Fargo selects director of climate alignment
14 January 2022