Banking Divestment Global Economy 
Corporate Knights
FEBRUARY 20, 2025
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. They include sustainably certified tech hardware, electric vehicles and electric rail equipment.
ESG Today
OCTOBER 19, 2023
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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
3BL Media
SEPTEMBER 29, 2023
For financial institutions such as banks, insurance companies and investment managers, scope 3 emissions from supply chains and lending/investment portfolios are often more complex than for other industries. They can also divest from high-emitting industries such as thermal coal production. trillion USD in fossil fuels.
3BL Media
SEPTEMBER 29, 2023
They can also serve as safeguards to verify that the reduction of emissions in their portfolios corresponds to actual emissions reductions in the real world, rather than being achieved solely through divestment from high-emitting assets. We strongly encourage all stakeholders to take part in the consultation.”
Chris Hall
OCTOBER 18, 2023
The Alliance counts French insurer AXA Group, Nordic bank Nordea and UK-based financial services company Legal & General among its membership. Among these, 69 members have set intermediate climate targets in line with the Alliance’s Target-Setting Protocol , amounting to US$8.4 “As we head towards at least 2.4°C trillion in AUM.
Chris Hall
APRIL 19, 2024
The resources included deep-dive guidelines for seven sectors – including asset owners, asset managers and banks; high-level guidance for 30 sectors of the global economy; and advice on how to undertake a transition planning cycle.
Chris Hall
NOVEMBER 9, 2022
At COP26, the Glasgow Financial Alliance for Net Zero ( GFANZ ) declared a sector-wide commitment of US$130 trillion – a number that has increased over the year to US$150 trillion – of private capital to transition the global economy to net-zero greenhouse gas emissions. Engagement ring. There are choices,” said Cabanis.
Expert insights. Personalized for you.
283 
Let's personalize your content