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First investor expectations on deforestation published
03 September 2024The 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.
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Taxonomania
14 April 2022Can the patchwork of taxonomies springing up across the world ever be reconciled, ask Genevieve Redgrave and Peter Cripps
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Banks' climate 'analysis paralysis' shameful
21 March 2022The 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.
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PCAF launches standard for global emissions
19 November 2020The 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.
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Are banks really going green, or just greenwashing? Part two
29 October 2020With banks' sustainability commitments under fire, are science-based targets the answer, asks Christopher Marchant
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Boston Common: Differing methodologies for bank sustainable financing 'unnecessary competition'
12 October 2020Boston 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.
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Boston Common: Banks fail to tackle deforestation
11 November 2019Less 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).
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Boston Common withdraws climate resolutions with Verizon and Home Depot
08 March 2019Boston Common Asset Management has withdrawn its climate-related shareholder resolutions with Verizon Communications and The Home Depot after reaching agreements with the companies.
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BlackRock urged to back words with actions in AGM season
14 January 2019The 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.
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Banking on a changing climate?
05 April 2018Climate 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
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