Archive

Banks 'resisting SBTi fossil fuel phase-out goals'

Some banks in the US and Asia continue to resist the Science-Based Targets initiative (SBTi)'s proposed timeline for phasing out financing for fossil fuels, a member of the think tank has said.

Private equity firms reach 'tipping point' in net-zero targets

European private equity firms have reached a critical threshold in the number setting science-based decarbonisation targets, a member of the Science Based Targets initiative (SBTi) has said.

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.

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

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

SBTi appoints inaugural CEO

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.

Real estate decarbonisation standard under construction

A global standard for the real estate sector to set 'science-based' targets that help restrict global temperature rise to 1.5°C is set for release in April, it has been revealed.