Banking Decarbonize Net Zero 
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.
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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Corporate Knights
MARCH 6, 2024
A new report renders a damning portrait of Canada’s Big Five banks on their path to net-zero emissions by 2050. The Big Five banks have taken little voluntary action to align their business practices with their own net-zero commitments,” states the report by InfluenceMap , a global corporate research think tank based in London.
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.
Corporate Knights
NOVEMBER 3, 2022
Just a year ago, Mark Carney inspired optimism among climate finance campaigners by founding a new alliance of banks and other financial institutions that pledged to decarbonize their portfolios. Banks and investors cannot wish away the terrifying math of the global 1.5°C Photo by Bank of England/Flickr.
Corporate Knights
AUGUST 4, 2022
As the warming climate drives up temperatures and ignites wildfires across many parts of the globe this summer, a new study shows some of the world’s largest asset management companies have some of the smallest net-zero targets for their portfolios. . trillion in assets, came last at 4% net-zero assets under management.
Corporate Knights
JANUARY 21, 2022
Many of the world’s biggest banks face the enormous challenge of realigning their entire loans and investment operations in the coming years to put themselves on a credible path to achieve net-zero carbon emissions by 2050. “We Royal Bank of Canada and Toronto-Dominion Bank.
Expert insights. Personalized for you.
402 
Let's personalize your content