Archive

  • US banks lament data gaps in first Fed climate scenario analysis

    10 May 2024

    The Federal Reserve's first climate scenario analysis of the country's six largest banks exposed widespread data gaps that threaten to undermine the accurate assessment of climate-related risks.

  • 'Appalling inaction' on deforestation by BlackRock, Vanguard, Wells Fargo

    28 February 2024

    BlackRock, Vanguard and Wells Fargo have been accused of "appalling inaction" on deforestation by NGO Global Canopy, which criticised the lack of policies and continued financing of deforestation over the past decade.

  • Impax hires Pamphilon as first fixed income head

    24 October 2023
  • 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.

  • People moves 8 July: Bloomberg, Standard Chartered, Credit Suisse, Bundesbank, Wells Fargo & more...

    08 July 2022
  • 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.

  • People Moves 14 January: MSCI, Wells Fargo, BIS, Schroders and more...

    14 January 2022
  • Wells Fargo selects director of climate alignment

    14 January 2022