Remove Banking Remove Development Remove Global Economy
article thumbnail

HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

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.

Net Zero 402
article thumbnail

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

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.

Net Zero 398
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Clean 200 list shows sustainable companies on path to dominate global economy

Corporate Knights

Clean200 data show that for the large companies that make up 80% of global market capitalization, sustainable revenues and capital expenditures are growing more than twice as fast as all other revenues over the past five years. The current list has been updated with data through January 29, 2025.

article thumbnail

2025 Global 100 list: World's most sustainable companies are still betting on a greener world

Corporate Knights

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.

Banking 361
article thumbnail

Schneider Electric, PCAF Partner to Help Banks, Investors Measure & Report Financed Emissions

ESG Today

Our accredited partnership program is a crucial part of our efforts to support financial institutions in their efforts towards decarbonization and is key to accelerating the transition towards a more sustainable and equitable global economy.

Banking 104
article thumbnail

Investing in Education = Strengthening Our Communities

3BL Media

JA is a community organization whose mission is to inspire and prepare young people to succeed in a global economy. 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.

Banking 147
article thumbnail

HSBC Chief Sustainability Officer Celine Herweijer Steps Down

ESG Today

HSBC announced today that its Group Chief Sustainability Officer Celine Herweijer will be stepping down from her role and departing the bank at the end of the year. The firm said that Julian Wentzel, currently Head of Global Banking, MENAT, will be assuming the position of Interim Group Chief Sustainability Officer.