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Vancity in 2023

3BL Media

Report highlights include: Grew total assets and assets under administration from $34.3 Vancity’s annual reporting was prepared in accordance with the International Integrated Reporting Framework and the Global Reporting Initiative Sustainability Reporting Standards. billion to $35.5 billion Financed $14.4

Net Zero 147
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Taking stock of Chase, HSBC, and Morgan Stanley's recent climate commitments

GreenBiz

Recent months have seen major moves on climate action by some of the world’s largest private banks, including JPMorgan Chase, HSBC and Morgan Stanley. Looking across their investments in different sectors and regions, more banks are considering how to reduce the carbon intensity of entire portfolios over time.

Net Zero 416
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Vancity in 2021: Building a Clean and Fair World

3BL Media

DESCRIPTION: In another year of economic uncertainty and recovery, Vancity was able to apply its values-based banking model for the benefit of members, employees, and communities. 2021 highlights in the report include Vancity’s: Commitment to achieving net-zero emissions across its loans and mortgages by 2040. SOURCE: 3BL Alerts.

Banking 130
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How the climate crisis will crash the economy

GreenBiz

And then there are “sub-systemic” shocks, more localized climate-related impacts that “can undermine the financial health of community banks, agricultural banks or local insurance markets, leaving small businesses, farmers and households without access to critical financial services.” Sub-systemic shocks.

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Introducing … GreenFin 21

GreenBiz

Tower of Babel. What spurred us to launch the summits back in 2019 was the realization that these parties weren’t always speaking the same language or understanding one another’s needs. It’s still the Wild West out there. There are glimmers of hope.

CDP 358
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This Week’s Tech and Tools News: 2DII’s PACTA to be Stewarded by RMI

Chris Hall

The game is intended to be a capacity building tool for financial institutions, supervisors and central banks. It will be used by around 30 Columbian pension funds and banks in September 2022. .

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Sustainable Finance and Upcoming Reporting Requirements in 2022

Sphera

Just one year ago, a European Central Bank report, which addressed how the European banking sector manages climate and environmental risks, found that most banks do not have concrete plans to start preparing for climate change. The question is: How soon will this change? Changing ESG Landscapes.