Archive

GFANZ lamented for 'no clear signs it has achieved anything'

A group of civil society organisations has written to Michael Bloomberg and Mark Carney to demand the $138 trillion financial sector coalition they co-chair to step up its game, in a letter that complained the initiative had shown no signs that it has achieved anything.

SBTi calls for end to coal financing by 2030

Financial institutions should phase out financing for coal by 2030 and oil & gas by 2040, the Science-Based Targets initiative (SBTi) has said.

EU standard proposals could 'shrink pool' of green bonds, says HSBC

The additional EU Green Bond Standard (GBS) criteria proposed by an influential committee run the risk of "shrinking the pool" of green bond issuers and projects by being overly complicated and restrictive, according to HSBC.

Carbon market platform launched

A voluntary carbon market platform has been launched by Climate Impact X (CIX) to facilitate the listing and selling of international carbon credits.

Amalgamated Bank 'first US lender to set science-based targets'

People moves, 25 February: SBTi, PRI, Chronos, Atrato & more...

SBTi appoints inaugural CEO

ASEAN sustainable fund standards will need tightening, says HSBC

A proposal for an ASEAN sustainable fund standard is a "good start" but will need to be tightened to align it with other international standards...

Temasek, Salesforce invest in South Pole

Climate-themed project developer South Pole has sold minority stakes to Singapore state-backed investor Temasek and the investment arm of cloud company Salesforce.

SBTi, CDP refute net-zero standards criticism

The methodology in a report criticising net-zero standard setters has been called into question by the Science-Based Targets initiative (SBTi) and CDP.