Archive

UK joins International Platform on Sustainable Finance

Axis Capital rules out backing fossil fuel projects in Alaskan region

Decision respects traditional ownership of lands by Gwich'in people

News Round Up: Canada backs land fund, Alquity secures investment, TRIG buys into Beatrice ... and more

Barclays criticised for fossil fuel lending growth

Barclays has been criticised by campaigners for increasing the amount it has lent to fossil fuel firms in 2020, just months after it pledged to become net-zero emissions across its lending portfolio by 2050.

News round-up: REST settles climate case, Solarcentury acquired, Equinor net-zero pledge ... and more

Equator Principles criticised for continued prioritisation of developed nations

The fourth version of the Equator Principles has come into effect, yet is already facing criticism from NGOs for an 'arbitrary' distinction between developed nations financing approaches and those in emerging markets.

Science Based Targets initiative launches financial sector framework

Science Based Targets initiative (SBTi) has launched its "breakthrough" pilot framework for financial institutions to set science-based climate targets, but campaigners were "disappointed" and "disturbed" by what they perceive to be shortcomings.

Bank of America becomes third US lender to join carbon accounting initiative

Bank of America (BoA) has joined the Partnership for Carbon Accounting Financials (PCAF), the third major US lender to join the initiative in the past week, as pressure builds on financial institutions to tackle the emissions of their lending and investment portfolios.

JP Morgan Chase given bloody nose by climate resolution

JP Morgan Chase experienced a significant revolt from investors against its climate change position after nearly half voted in support of a shareholder resolution urging the US bank to align its financing to the Paris Agreement.

People Moves, 6 January: Posaidon, Cerema, Rest