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Singapore Central Bank Guides Investors, Banks to Avoid Divestment Approach to Net Zero

ESG Today

The Monetary Authority of Singapore (MAS), the central bank and financial regulator of Singapore, announced today the issuance of a set of consultation papers with proposed guidelines on net zero transition planning for financial institutions, including banks, insurers and asset managers.

Net Zero 113
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Burberry Steps Out With New £300m Sustainability Loan

3BL Media

Burberry has strengthened its resolve to be climate positive by 2040 by refinancing a credit facility to a £300m Sustainability Linked Loan. The firm committed to the climate positive target last June, which will place the company ten years ahead of the 1.5C SOURCE: Acre. DESCRIPTION: by Liam Goldsworthy.

Net Zero 130
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Visa Launches Sustainability Features Suite for AsiaPac Cardholders

ESG Today

Global payments technology company Visa announced today the launch of Visa Eco Benefits in Asia Pacific, providing banks in the region with a suite of sustainability-focused features for their Visa cardholders, aimed at helping them to better understand and address the environmental impact of their day-to-day spending.

Banking 109
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Women lead the world’s most sustainable cities

Corporate Knights

In a highly symbolic move, she had the highway that ran along the left bank of the Seine converted into 4.5 Anna König Jerlmyr wants Stockholm to become the world’s first climate-positive city by 2040 and fossil-fuel free by 2030. hectares of pedestrian-only greenspace. Meet five women mayors blazing a greener trail.

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20 C-suite sustainability champions for 2021

GreenBiz

More broadly, the company is moving toward a "climate positive" value chain by 2040, embracing science-based targets. Mason, who was raised in Queens, is one of the few senior Black executives in banking, at Citi since 2001 in a slate of leadership roles including CEO of Citi Private Bank. billion U.S.

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Take Five: Onwards and Upwards

Chris Hall

On this front, developments look promising with decisions taken at last week’s World Bank Group – IMF Annual Meetings in Marrakech described as the “ end of the beginning ”.

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Catalytic Action Needed to Deliver New Global Financial Pact

Chris Hall

It has to drive real actions to unlock private capital for climate-positive growth. The climate-positive growth narrative is also becoming a powerful driver to shift agency in climate finance design and decision-making. Progress was also made on debt sustainability with US$6.3

Banking 52