Archive

Accenture takes stake in ESG data firm Arabesque S-Ray

Climate stocks shine in year of Covid-19, says HSBC

Companies that earn revenues by providing climate solutions have consistently outperformed in a year marked by the coronavirus pandemic, according to research from HSBC.

UK finance sector gets new advice on climate-related risks

Q&A with HSBC's Daniel Klier

The banking group's global head of sustainable finance talks about the impact of Covid-19, the future of fossil fuel investment, and reveals that the bank has had almost no response to its TCFD report.

Setting the benchmark for sustainable banking

The Principles for Responsible Banking are due to be launched this month. Could they be a game-changer for the sector, Michael Hurley asks

Comment: Driving disclosure

The best remedy for investors' carbon addiction is better quality information about companies' climate strategies, argues Daniel Klier

Only one in ten investors aware of TCFD, says HSBC

Only 10% of institutional investors and even fewer corporates (8%) are aware of the pioneering recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), according to research commissioned by HSBC.

Steering group for Green Finance Institute announced

A steering group has been assembled to guide the launch of the UK's Green Finance Institute.

HSBC is latest bank to withdraw from coal and tar sands

HSBC pledged to stop lending to most coal-fired power stations and to stop financing oil from tar sands, but "missed the chance to join the green banking leaders", according to one NGO.

Banking on a changing climate? Part 2

Climate change poses a significant threat to banks. How big is their exposure to climate risks, and what are they doing to mitigate them, asks Peter Cripps. The second part of this two-part feature explores physical risks and liability risks