Archive

• First investor expectations on deforestation published

  03 September 2024

  The International Investor Group on Climate Change (IIGCC) and the Finance Sector Deforestation Action (FSDA) has published a 'first-of-its-kind' set of expectations for banks on eliminating deforestation.

• Taxonomania

  14 April 2022

  Can the patchwork of taxonomies springing up across the world ever be reconciled, ask Genevieve Redgrave and Peter Cripps

• Banks' climate 'analysis paralysis' shameful

  21 March 2022

  The lack of readiness of banks to assess their exposure to climate risks is both alarming and shameful, according to a prominent North American asset manager.

• PCAF launches standard for global emissions

  19 November 2020

  The Partnership for Carbon Accounting Financials (PCAF) has launched a methodology which intends to enable banks to measure and disclose the emissions associated with their financed activities.

• Are banks really going green, or just greenwashing? Part two

  29 October 2020

  With banks' sustainability commitments under fire, are science-based targets the answer, asks Christopher Marchant

• Boston Common: Differing methodologies for bank sustainable financing 'unnecessary competition'

  12 October 2020

  Boston Common Asset Management (BCAM) has criticised the increasing number of methodologies used to assess how a bank's sustainable financing commitments impact its portfolio, as a distraction from core climate goals.

• Boston Common: Banks fail to tackle deforestation

  11 November 2019

  Less than two-fifths of banks have demanded anti-deforestation policies from the companies they lend to, according to a report from Boston Common Asset Management (BCAM).

• Boston Common withdraws climate resolutions with Verizon and Home Depot

  08 March 2019

  Boston Common Asset Management has withdrawn its climate-related shareholder resolutions with Verizon Communications and The Home Depot after reaching agreements with the companies.

• BlackRock urged to back words with actions in AGM season

  14 January 2019

  The world’s largest money manager has been pressured to back climate-related shareholder resolutions, in a letter addressed to its CEO Larry Fink by investors and NGOs.

• Banking on a changing climate?

  05 April 2018

  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