Chris Hall

FEBRUARY 5, 2024

Around 90% of EU banks are exposed to climate transition risks, recent analysis from the ECB shows. Banks globally are increasingly feeling two-pronged pressure from regulators and investors to up their climate ambition and stop financing fossil fuels.

Banking

ESG Today

JANUARY 30, 2024

The European Central Bank (ECB) announced today a decision to expand its work on climate change, releasing a new “climate and nature plan 2024-2025,” outlining its roadmap for action in these areas over the next two years. Click here to access the ECB’s climate and nature plan 2024-2025.

Climate Change

Corporate Knights

DECEMBER 8, 2022

Corporate Knights does not consider new nuclear power projects to be “green” in its Sustainable Economy Taxonomy. In its fall fiscal update, the federal government introduced an investment tax credit of up to 30% for clean energy technologies, including SMRs. A bad day to go nuclear.

Decarbonize

Chris Hall

OCTOBER 4, 2024

Lending lobby – For complexity, scale and reach, the food retail sector is rivalled by few industries, with banking being one of the exceptions. As such, investors have found it extremely hard – but critical – to get a handle on the ESG risks of the banks in their portfolios, especially their impact on climate.

Banking

Chris Hall

SEPTEMBER 11, 2023

“Our recommendations aim to align these objectives with government policy, tracking progress, consumer protection, national and local actions, private sector engagement, and international efforts,” she said. “By carefully considering these aspects, the UK can harness the power of its taxonomy to drive sustainable and green investments while preventing (..)

Banking

We Mean Business Coalition

AUGUST 23, 2023

The CSRD has already been adopted and will kick in from reporting year 2024. For example, a bank that provides a business loan to a non-financial company must, according to the Taxonomy regulations, also report which share of this loan is covered by the Taxonomy.

Greenwashing

Chris Hall

OCTOBER 11, 2022

Green hydrogen infrastructure needs to be developed ‘hand in hand’ with renewable energy capacity, according to experts. Much of the heavy lifting of the energy transition will be done through the roll-out of renewable energy – the development of green hydrogen depends on it,” says Hervey-Bathurst. Circular argument.

Net Zero

Chris Hall

JANUARY 11, 2023

The ETS, ETS 2 and the CBAM are the centrepieces of the EU decarbonisation agenda,” says Charles Boakye, Equity Analyst of ESG and Sustainable Finance at investment bank Jefferies. . Shipping companies can also expect to gradually fall under the ETS, with 40% of their emissions covered from 2024, 70% by 2025 and 100% by 2026. .

Net Zero

Corporate Knights

FEBRUARY 19, 2025

All but two of 27 institutions surveyed in December 2024 remain committed to ESG integration, the report states. Internal ESG trailed in previous surveys, but in December 2024 it ranked second at 48%, a result the report calls a striking shift.

Net Zero