GreenBiz

MARCH 26, 2021

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Net-zero commitments may have ricocheted across banking sector over the last 18 months, but big banks' attestations of climate concern did not stop many from expanding financing for the world's top fossil fuel firms during the pandemic year.

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Net Zero Banking Paris Agreement Climate Change 398

3BL Media

MAY 5, 2025

Bank company blog Last year, amid the festivities for the 2024 graduating seniors at Florence Crittenton High School, a team from U.S. Bank was there to open bank accounts for some 20 graduating seniors, and each was given a $250 check to fund the newly opened accounts. Originally published on U.S. FloCrit has been a U.S.

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Renew Economy

AUGUST 28, 2024

New Zealand Green Investment Finance commits $NZ78 million to support the development of five projects being developed by Far North Solar Farm. The post New Zealand green bank backs five solar farms with a total capacity of more than 1GW appeared first on RenewEconomy.

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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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GreenBiz

FEBRUARY 22, 2021

Harder but not impossible: COVID-19 and the Sustainable Development Goals. In 2015, the world, acting through the United Nations, set in place a system of 17 very ambitious goals to guide humanity’s development toward sustainability through 2030. Sustainable Development Goals, also known as the Global Goals, over the past few years.

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3BL Media

APRIL 23, 2025

April 23, 2025 /3BL/ A $1 million gift from KeyBank Foundation will support recruitment, retention, and workforce development initiatives at Albany Medical Center. Funds will be used to develop the LEAP programLeading Employees to Advancement and em(P)owerment. ALBANY, N.Y., Albany Medical Centers LEAP program does just this.

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Renew Economy

OCTOBER 31, 2023

Australian banks are in the box seat to develop and advocate for new, inventive measures that green up the nation’s single largest asset class, the housing market. The post Big banks take on greening of Australia’s $10 trillion housing stock appeared first on RenewEconomy.

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3BL Media

MAY 14, 2025

The year marked a strategic reset under new CEO Wellington Holbrook, reaffirming Vancitys commitment to delivering modern, people-centered banking rooted in equity, inclusion, and climate action. Key initiatives included rolling out long-requested service upgrades and streamlining operations for greater efficiency. of Vancitys $36.0B

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Corporate Knights

OCTOBER 14, 2022

The federal Competition Bureau’s decision to investigate charges of misleading advertising against the Royal Bank of Canada is a sign that federal regulators are paying closer attention to the climate crisis and its causes, says the environmental law charity that filed the case.

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Corporate Knights

JANUARY 21, 2025

Computers & peripherals mfg $366,926 12% 728:1 50% 76% 0% C 1.5C, SBTi 80 52 Investec Ltd Sandton, South Africa Banks $2,308,452 6% 48:1 58% 4% N.A. C NZIA, NZAO 82 Bank of Montreal Montreal, Canada Banks $1,670,219 8% 61:1 46% 7% N.A. Banks $2,854,401 8% 46:1 50% 4% N.A. Banks $303,387 9% 152:1 33% 3% N.A.

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Banking Sustainable Investment Net Zero Manufacturing 361

ESG Today

JANUARY 13, 2025

According to the EBA, the new guidelines were developed in line with the regulators roadmap on sustainable finance.

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Corporate Knights

MARCH 13, 2025

For decades, policymakers and energy planners have operated under a simple assumption: modern development requires a national power grid. In Kenya , off-grid solar is fuelling the continents mobile banking revolution, enabling people to power their phones and participate in the digital economy. Its a market-driven revolution.

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Corporate Knights

MAY 15, 2024

Wading into this hot-button arena is an institution that has generally kept quiet on this front: a new paper by the World Bank lays out a roadmap for how the world can substantially reduce the emissions from food systems partly by redirecting the subsidies given to the meat and dairy industries.

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Renew Economy

FEBRUARY 26, 2024

French renewables and battery developer says it has raised more than $1.1bn in new debt finance for its Australian assets, including the four-hour battery being built in Western Australia. billion in finance as green bank backs its first four hour battery appeared first on RenewEconomy. The post Neoen lands $1.1

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ESG Today

JANUARY 17, 2025

The European Investment Bank (EIB) and Paris-based financial services group Societe Generale announced the launch of a new clean energy financing initiative, aimed at unlocking as 8 billion in investments to support manufacturers across the wind energy supply chain in Europe.

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Supply Chain Supply Chains Development Banking 118

Corporate Knights

JULY 3, 2024

Last month there was a rare meeting, where the chief executives of Canada’s five largest banks testified before Parliament about their climate commitments. Policymakers confronted the banks’ credibility on their stated climate targets. Canada should follow suit.

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3BL Media

APRIL 25, 2025

CLEVELAND, April 25, 2025 /3BL/ KeyBank Community Development Lending and Investment (CDLI) provided $ 23.3 CLEVELAND, April 25, 2025 /3BL/ KeyBank Community Development Lending and Investment (CDLI) provided $ 23.3 The sponsor and developer, HVN Development also provided loans in the amount of $2.4

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ESG Today

NOVEMBER 7, 2024

The first module of NatureAlign will help private financial institutions, from asset managers to banks, assess their baseline position with respect to environmental and sustainability issues. Progress on saving nature is too slow, and money is not moving in the right direction,” said Julie McCarthy, CEO of NatureFinance.

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3BL Media

FEBRUARY 18, 2025

CLEVELAND, February 18, 2025 /3BL/ KeyBank Community Development Lending and Investment (CDLI) provided a $27 million construction loan and arranged a $14.4 Seaver Rickert from KeyBank Community Development Lending and Investment and Leslie Meyers from Keys Commercial Mortgage Group arranged the financing.

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ESG Today

FEBRUARY 20, 2025

Tokyo-based banking and financial services company Mizuho Bank and Temasek-owned decarbonization solutions-focused investment platform GenZero announced today a new partnership aimed at developing transition credits to help fund the acceleration of the early retirement of coal-fired power plants.

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Corporate Knights

MAY 13, 2025

The venture is a joint partnership between Six Nations of the Grand River Development Corporation (SNGRDC), Mississaugas of the Credit Business Corporation, NRStore Inc., Oneida is held up as a model for partnerships that prioritize Indigenous involvement in clean energy development. Aecon Concessions and Northland Power Inc.,

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ESG Today

JANUARY 16, 2025

Energy and automation digital solutions provider Schneider Electric and the Partnership for Carbon Accounting Financials (PCAF) announced today a new partnership, with Schneider Electric becoming the first global sustainability consultants to join the PCAF accredited partnership program, aimed at supporting banks and investors to measure and report (..)

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Stanford Social Innovation

OCTOBER 28, 2024

Almost 10 years ago, an article in this magazine called for more SME funding, revealing that only 1 percent of overseas development aid goes toward supporting them. However, developing that model and giving it the time to test, iterate, and scale requires long-term, patient capital.

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Global Renewable News

NOVEMBER 28, 2024

Highlights EBRD lends 18 million to support construction of a sustainable office building in Vilnius Investment promotes urban regeneration of the city State-of-the-art building to target BR.

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Corporate Knights

NOVEMBER 26, 2024

At least one major international bank, HSBC, is voting with its feet. Only days before COP29 approved the carbon agreement, the bank shut down plans to launch a major carbon trading desk, according to Bloomberg. The shutdown is a sign that buyers and traders have cooled on carbon offsets.

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Carbon Offsets Paris Agreement Net Zero Banking 278

Corporate Knights

DECEMBER 19, 2022

London-based HSBC Holdings says it will cease financing for the development of new oil and gas fields in order to tackle climate change while carving out its Canadian unit from the policy change. Price says it’s disappointing that Canadian banks have failed to do the same as HSBC with a halt to financing for new oil and gas fields.

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Net Zero Banking Paris Agreement Climate Change 317

3BL Media

NOVEMBER 9, 2023

November 9, 2023 /3BL/ - Today, Truist Foundation announced a $250,000 grant to UnidosUS , the nation's largest Latine civil rights organization, to support its workforce development goal of transforming the workforce ecosystem to ensure Latines have access to quality jobs with clear pathways to prosperity. TAMPA, Fla., and Durham, N.C.

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ESG Today

MAY 2, 2025

The Bank of England (BoE) announced today a series of proposals strengthening its expectations for banks and insurers management of climate-related risks, after finding that while improvements in this area have been made over the past few years, progress is uneven and more needs to be done.

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3BL Media

FEBRUARY 20, 2025

by Casey Lozar, Federal Reserve Bank of Minneapolis' Center for Indian Country Development Imagine financial institutions across Indian Country focusing on goals rooted in social impact investing. These institutions exist, yet many people remain unfamiliar with them.

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3BL Media

MARCH 31, 2025

The Small Business Catalyst Fund helps small and micro business owners obtain working capital when traditional lending is not an option by connecting them with potential capital options offered by trusted Community Development Financial Institutions (CDFIs). Fifth Third Bank, National Association is a federally chartered institution.

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3BL Media

MARCH 4, 2025

Bank company blog In 2013, to avoid monitoring by his manager, a truck driver at a New Jersey engineering firm purchased an illegal $50 GPS jammer that plugged into his vehicles cigarette lighter. Bank Business Access Advisor , and fellow Inland Empire native, Heli Castaneda. Originally published on U.S. Over the past two years, U.S.

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Corporate Knights

MARCH 2, 2022

Developed countries now project that they won’t meet that pledge until 2023 – three years late and still woefully short of the real need. I have worked closely with developing countries seeking help to deal with climate change. First, many of these banks have not ambitiously incorporated climate change into their programming.

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ESG Today

NOVEMBER 10, 2024

This week in ESG news: Canada to require oil & gas industry to slash emissions; California’s climate reporting law survives legal challenge; Mizuho invests in climate solutions provider Pollination; new clean energy deals signed by H&M, Meta, Saint-Gobain; incoming EU finance Commissioner calls for sustainable investment labels, reduced SFDR (..)

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Corporate Knights

NOVEMBER 4, 2024

But what makes this development – which includes 12 deeply affordable apartments to be operated by a local non-profit – unusual is that it is hooked into a geo-exchange system. The State of Massachusetts last year established a Community Climate Bank to fund low-carbon projects aimed at affordable rental housing agencies. In the U.K.,

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Renew Economy

DECEMBER 17, 2024

One of world's largest privately owned renewable energy developers reaches financial close on 500 MW Queensland wind project, its first in Australia. The post UK-based Cubico closes deal with banks for 500MW wind project, its first in Australia appeared first on RenewEconomy.

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3BL Media

FEBRUARY 28, 2025

Regions Bank pledged $1 million in financial support for the new center, which will be built on the site of a former downtown parking lot owned by the bank for many years before being sold to JA. Students will put classroom learning about budgeting, managing expenses, the importance of saving and the role of credit to practical use.

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3BL Media

NOVEMBER 15, 2024

Separately, the Commonwealth’s new economic development bond bill includes a significant investment over the next decade to foster the emerging cleantech industry. Ceres joined another ELM-led effort in May to organize a letter in support of the cleantech investments in the economic development bill.

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