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Canada’s Big Five banks keep moving further away from net-zero

Corporate Knights

A new report renders a damning portrait of Canada’s Big Five banks on their path to net-zero emissions by 2050. The Big Five banks have taken little voluntary action to align their business practices with their own net-zero commitments,” states the report by InfluenceMap , a global corporate research think tank based in London.

Net Zero 352
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Coastal Second Harvest Food Bank Awarded Grant From Duke Energy Foundation

3BL Media

(Second Harvest Food Bank of Central Florida issued the following news release.) April 18, 2024 /3BL/ - Second Harvest Food Bank of Central Florida recently received a $27,000 grant from Duke Energy Foundation through the Powerful Communities program. Funding expands hunger relief capabilities in central Florida ORLANDO, Fla.,

Banking 264
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Solar banks and efficiency upgrades promise to address energy inequality

Renew Economy

Federal and New South Wales governments tip $206m into energy upgrades for social housing, and launch Solar Banks scheme for homes unable to access solar. The post Solar banks and efficiency upgrades promise to address energy inequality appeared first on RenewEconomy.

Banking 357
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Insights from green banking: What keeps customers from switching banks?

GreenBiz

Insights from green banking: What keeps customers from switching banks? ESG may be all the rage, but what about retail banking? The deposits you make at your retail bank for personal and business accounts sustain the bank’s ability to make loans and investments. Diane Osgood. Wed, 02/17/2021 - 00:05. is 16 years.

Banking 534
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Longtime Bank Client Has Grown While Protecting the Environment

3BL Media

Bank company blog As the amount and scope of materials being recycled has grown over the years, so has longtime bank client Napa Recycling. Bank began in 2005 with predecessor company Union Bank. The bank has treated us well. The bank has been a great partner for us over the years,” Kelley said.

Banking 147
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Green financing surges to more than $1.1 trillion at top banks

Corporate Knights

Talk of where banks do and don’t put their money doesn’t usually make the red carpet. In the fight against climate change, banks can be seen as villains – but also, depending on where they invest their money, heroes. This year, the study wrested sustainability-based data out of 87 banks participating in the U.N.-organized

Banking 321
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'Climate-safe banking': New guide targets indirectly financed emissions from cash holdings

GreenBiz

New Greening Cash Action report details how firms hold 'major lever' that could ensure banks use companies' cash to support wider climate goals and accelerate the green finance transition.

Banking 473