Banking Development Paris Agreement 
Corporate Knights
DECEMBER 9, 2024
Liquefied natural gas developers have expansion plans that could release 10 additional metric gigatons of climate pollution by 2030, and major banks and investors are enabling them to the tune of nearly $500 billion. Many large banks have pledged to reach net-zero emissions, yet they are still financing the LNG boom.
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. Tue, 10/13/2020 - 00:46.
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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
Corporate Knights
NOVEMBER 26, 2024
For the first time carbon credits will be recognized under the Paris Agreement, enabling countries and companies to use offsets to meet their carbon reduction targets, potentially giving a huge boost to carbon credit trading. At least one major international bank, HSBC, is voting with its feet.
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? . Fourth-place Intesa Sanpaolo Group is Italy’s leading banking group, with 3,700 branches and 13.5 million clients.
Corporate Knights
FEBRUARY 10, 2023
New research reveals that banks are doing little to finance a low-carbon future, while investing trillions in multinational oil companies, some of which have doubled their profits in the last year. During that timeframe, the banks continued to pour $2.3 billion in 2016 and $34.5 billion in 2016 and $34.5 org, on his website.
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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