GreenBiz

MARCH 30, 2020

Most central banks in Asia already believe they should help to promote green bonds and other low-carbon initiatives.

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Banking Green Bonds Climate Change 429

Corporate Knights

SEPTEMBER 16, 2022

A coalition of environmental groups is calling on the federal government to regulate climate commitments made by banks and other financial institutions to avoid greenwashing and accelerate change. . Treasury Department. .

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Banking Greenwashing Net Zero Climate Change 361

GreenBiz

SEPTEMBER 10, 2021

From the Bank of England to the People’s Bank of China, monetary authorities of the world’s largest economies are gauging how climate change could rock the financial system.

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Banking Climate Change 347

Corporate Knights

DECEMBER 18, 2023

The joke is a good reminder of the limitations of the climate-scenario exercise about to be conducted by Canada’s financial regulator, the Office of the Superintendent of Financial Institutions (OSFI). In the climate context, possible future scenarios centre on physical risk, transition risk or both.

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Banking Climate Change Net Zero Climate Scientist 348

Corporate Knights

OCTOBER 1, 2023

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

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Corporate Knights

SEPTEMBER 30, 2022

The real question is, are the world’s banks ready to fund the development of renewable technologies at scale, and updating all the infrastructure in between? And which banks will take the lead? . Corporate Knights researchers ranked 60 banks for which they found quantifiable sustainable-revenue data from an initial pool of 91 banks.

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Banking Paris Agreement Net Zero Value Creation 360

Environmental News Bits

JUNE 3, 2021

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.

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Climate Change Banking Academics 81

3BL Media

JANUARY 26, 2024

During National Slavery and Human Trafficking Prevention Month, AB’s Director of Social Research & Engagement, Saskia Kort-Chick reflects on how climate change may increase the risk of modern slavery, which can have material implications for investors. We are unconflicted and fully accountable.

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Climate Change Banking 147

Corporate Knights

MAY 7, 2024

After years of protest from First Nations and climate activists, the Royal Bank of Canada has agreed to an audit of its Indigenous and racial community business practices, and disclosure of key climate change data. He noted that RBC has already acknowledged this principle in a thought leadership brief.

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Banking Climate Change 314

Corporate Knights

MARCH 24, 2022

In the pursuit of its net-zero 2050 goal, Canada needs a rigorous strategy to require banks and other key financial system players, including Crown corporations, to fully align their operations with the country’s international climate commitments. Matt Price, co-founder of Investors for Paris Compliance.

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Net Zero Banking Paris Agreement Climate Change 342

3BL Media

MAY 10, 2022

The report, The Changing Climate for Credit Unions , finds that more than 60% of all credit unions—and at least $1.2 trillion in credit union assets—are at physical risk from climate change. The report argues that it is incredibly risky for credit unions to ignore the climate threats with 60% of U.S.

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Climate Change Banking Net Zero Academics 242

Corporate Knights

MARCH 14, 2023

Advocates say new regulations that will force banks and insurance companies to disclose climate risks don’t do enough to force financial institutions to address those risks, too. But such prescriptive climate rules might not actually result in lower emissions. OSFI focuses this mandate on short-term risks.

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Banking Divestment Climate Change 264

GreenBiz

OCTOBER 13, 2020

HSBC is latest bank to pledge net-zero financed emissions by mid-century. HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with global climate targets by mid-century. Cecilia Keating.

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Net Zero Banking Paris Agreement Carbon Offsets 434

3BL Media

DECEMBER 5, 2022

First deal closes with Longroad Energy; new product will be key to meeting bank’s environmental goals, serving growing customer needs. Bank’s commitment to the environment and supporting its customers. “We Bank has made.”. SOURCE: U.S. DESCRIPTION: U.S. The tax credit and community investment division of U.S. For years, U.S.

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Banking Supply Chains Supply Chain Net Zero 246

Global Renewable News

MARCH 20, 2024

In recognition of their commitment to the green economy and demonstrated leadership in their industries and communities in 2023, the Connecticut Green Bank has announced the honorees of its eighth ann.

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Banking Climate Change 113

3BL Media

NOVEMBER 30, 2023

Last week, AB and Columbia Climate School kicked off the first module of its Climate Change Curriculum 2.0, We don’t engage in activities that could be distracting, or create conflicts—such as investment banking, insurance writing, commercial banking or proprietary trading for our own account.

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Climate Change Banking Academics 147

Corporate Knights

JANUARY 21, 2022

Many of the world’s biggest banks face the enormous challenge of realigning their entire loans and investment operations in the coming years to put themselves on a credible path to achieve net-zero carbon emissions by 2050. Royal Bank of Canada and Toronto-Dominion Bank. Royal Bank of Canada and Toronto-Dominion Bank.

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Net Zero Banking Climate Change COP26 246

Corporate Knights

JUNE 22, 2022

In early April, Wet’suwet’en hereditary Chiefs and environmentalists looked to attend the Royal Bank of Canada’s annual general meeting, hoping to speak with the bank’s CEO, David McKay. Another member of the Net-Zero Banking Alliance, U.K.-based

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Net Zero Banking Climate Change 267

Environmental News Bits

OCTOBER 8, 2021

Federal Reserve Governor Lael Brainard on Thursday said the Fed is developing scenario analysis tools to model the economic risks of climate change and assess the resilience of the entire financial system.

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Climate Change Banking Development 81

Environmental News Bits

AUGUST 30, 2021

From the Bank of England to the People’s Bank of China, monetary authorities of the world’s largest economies are gauging how climate change could rock the financial system. Read the full story at e360. Though long committed to being “market neutral,” some are even starting to push greener investments.

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Climate Change Banking Impact Investing 89

Global Renewable News

OCTOBER 3, 2023

CGB Green Liberty Notes LLC, a subsidiary of the Connecticut Green Bank, proudly launches its eighth Green Liberty offering today. The crowdfunding campaign is made possible with Raise Green, an award.

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Banking Climate Change Green Investing 100

3BL Media

AUGUST 6, 2022

This NPR represents the most significant changes to the CRA regulations in over 20 years, and stands to increase lending, investment, and services in traditionally underserved communities, including LMI communities and communities of color. No changes to the asset threshold for small and intermediate small banks.

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Banking Climate Change Net Zero Development 246

Global Renewable News

APRIL 22, 2024

EIB report presented at the initiative of EIB Vice-President Vigliotti and Extraordinary Commissioner LegniniHow will the climate on the island of Ischia change between now and 2050 and how can th.

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Climate Change Banking 100

3BL Media

MARCH 10, 2022

SOURCE: Regions Bank. As part of this trend, banks and other businesses are focusing more on sustainable business practices. For banks, this includes sustainable finance – which refers to the inclusion of ESG criteria in business and investment decisions. Another important consideration is the regulatory climate.

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Banking Development Climate Change Waste 246

GreenBiz

JANUARY 18, 2022

The World Bank is teaming up with Bram Cohen’s San Francisco startup to prove that cryptocurrency can be part of the solution, not a problem, for climate change.

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Climate Change Banking 543

3BL Media

NOVEMBER 4, 2023

November 4, 2023 /3BL/ - Ceres today welcomed the finalization of new guidance from the Financial Stability Oversight Council (FSOC) that would enhance the supervision and regulation of certain non-bank financial institutions (NBFIs) that play a pivotal role in strengthening the financial ecosystem.

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Banking Analytics Net Zero Climate Change 147

ESG Today

FEBRUARY 27, 2024

Deutsche Bank announced the release of a new Sustainable Finance Framework, outlining the methodologies and procedures, including the environmental and social criteria and categories, used by the bank to classify transactions and financial products as “sustainable.”

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Banking Chief Sustainability Officer Climate Change Social Sustainability 104

Environmental Finance

NOVEMBER 30, 2022

Australia's largest banks should be prepared to face 'financial challenges' resulting from losses caused by the effects of climate change, a vulnerability assessment by the regulator has found.

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Climate Change Banking 56

Chris Hall

MARCH 31, 2022

New report finds that most Indian banks have not yet factored climate change into business strategies. India’s banking sector is not prepared to address related challenges and tackle the financial impacts of climate change, a new climate risk report has found.

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Climate Change Banking Supply Chains Supply Chain 40

3BL Media

APRIL 22, 2024

CINCINNATI, April 22, 2024 /3BL/ - As part of its commitment to combat climate change and in celebration of Earth Day 2024, Fifth Third Bank today announced it has joined Mastercard’s Priceless Planet Coalition, an effort to restore 100 million trees across the globe by 2025. Our report on Community Impact is available here.

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Banking Climate Change 147

GreenBiz

APRIL 5, 2022

American financial firms, hot to address climate change, turn a cold eye on proposed regulations.

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Banking Climate Change 300

3BL Media

APRIL 26, 2022

The Bank continues to work to reduce its impacts on the environment and achieve its goals. About Fifth Third Bank Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution.

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Banking Climate Change 130

3BL Media

JULY 25, 2023

July 25, 2023 /3BL/ - A new report released today by the Ceres Accelerator for Sustainable Capital Markets and the California Department of Insurance reveals that insurance companies are pursuing a wide variety of strategies to manage the increasing risks associated with climate change. Climate Risk Management in the U.S.

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Climate Change UNEP Banking Net Zero 130

3BL Media

APRIL 3, 2022

As the lynchpin of the global economy, financial institutions not only carry a responsibility to help mitigate climate change, they are also vulnerable to its financial risks. The SEC has recently recognized this in their proposed rule requiring financial institutions to report on climate risk in financial terms.

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Net Zero Banking Climate Change Global Economy 130

Environmental News Bits

JULY 28, 2023

We learn more about the Commonwealth’s new green bank and what impact it could have in helping the state reach its climate goals. Read the full story from WBUR. A new program wants to fund green building projects with state and federal money.

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Banking Climate Change 75

Corporate Knights

OCTOBER 24, 2022

The industry is small and slow to change. And many of the major events and award shows are sponsored by Canada’s big banks, which are some of the largest investors in carbon-burning oil and gas projects. “If If the music industry thinks it’s immune to the impacts of climate, it’s so naive,” she says.

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Climate Change Manufacturing Carbon Offsets Net Zero 279

Global Renewable News

FEBRUARY 20, 2024

Flagship programs for families and businesses reach milestones, while legislative expansion to environmental infrastructure continuesThe Connecticut Green Bank's recently released annual r.

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