Archive

Pushback on ESG is a 'denial of capitalism'

The recent pushbacks on ESG in the US have had an impact on financial market participants and whilst it would be "lovely to ignore it, we have to take it seriously", according to Ivan Frishberg, chief sustainability officer at Amalgamated Bank.

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

Banking on net zero ... by 2050

The Net Zero Banking Alliance has attracted some of the world's biggest lenders. What has been achieved so far, asks Thomas Cox

Global accounting standard for 'financed emissions' open for consultation

A Global Carbon Accounting Standard to help international financial institutions consistently measure and disclose the greenhouse gas (GHG) emissions financed by their loans and investments is now available for public consultation.

Rocky Mountain Institute launches climate finance centre with US banks

The Rocky Mountain Institute (RMI) has launched a research centre to help shape the role that the financial industry has in driving the transition to a low-carbon economy, with four major US banks collaborating on the project