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Mark Carney’s net-zero banking alliance backtracks on compulsory climate targets

Corporate Knights

Just a year ago, Mark Carney inspired optimism among climate finance campaigners by founding a new alliance of banks and other financial institutions that pledged to decarbonize their portfolios. Banks and investors cannot wish away the terrifying math of the global 1.5°C Photo by Bank of England/Flickr. Six large U.S.

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Webster Bank Celebrates Opening of First Connecticut-Based Finance Lab With Wakeman Boys & Girls Club

3BL Media

January 10, 2023 /3BL/ - Webster Bank, together with Wakeman Boys & Girls Club, recently celebrated the opening of the Webster/Wakeman Boys & Girls Club Finance Lab, a program created to provide students the skills needed for financial empowerment and future financial well-being. STAMFORD, Conn.,

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#STG2022: Regions Bank Teams to Share the Good

3BL Media

As the school year draws near, teams from Regions Bank are helping students get ready. SOURCE: Regions Bank. It comes at a time when parents, students and relatives face higher costs for a wide range of good and services, including academic supplies. Regions Bank is an Equal Housing Lender and Member FDIC. Tampa Bay, Fla.:

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Regions Bank Honored by Junior Achievement

3BL Media

SOURCE: Regions Bank. Junior Achievement USA recently announced that Regions Bank has been honored with a Bronze level 2020-21 U.S. KEYWORDS: NYSE:RF, Regions Bank, junior achievement. By dedicating more than 3,000 hours to JA, Regions associates helped the company earn a Bronze level 2020-21 U.S.

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Central Banks and Climate Change

Environmental News Bits

Central banks are increasingly called upon to address climate change. Proposals for central bank action on climate change range from programs of “green” quantitative easing, to increases in risk-based capital requirements to deter banks from lending to climate-unfriendly business. Download the document.

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The Regions Foundation's Spotlight on Education

3BL Media

SOURCE: Regions Bank. Regions Bank recently held its annual Share the Good campaign, with a back-to-school theme. Teams across the bank’s footprint collected and donated school supplies, made financial contributions and volunteered – all to ensure that students, teachers and parents have a great start to the new school year.

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Central banks 'could demand transition plans to help set capital requirements'

Environmental Finance

A "high likelihood [of] sudden build-ups of prudential risks" caused by climate change should see central banks and supervisors adjust prudential requirements for banks based on their transition plans, academics have recommended.

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