3BL Media

FEBRUARY 16, 2024

Because Fariha didn’t qualify for a bank loan, she sought the capital for her Punjab pottery and handicrafts business from her husband, but when COVID-19 put an end to face-to-face sales, she felt like she had nowhere else to turn. “At every step we need men to assist us, whether that’s our husbands or our brothers.” “At

Global Economy 113

Global Economy Triple Bottom Line Climate Change Banking 113

ESG Today

SEPTEMBER 30, 2024

Deutsche Bank announced a series of finance and due diligence commitments aimed at strengthening its ocean protection policies, including the implementation of a freeze on direct financing of deep-sea mining projects. According to the bank, the new announcement forms part of its commitment to the #BackBlue initiative.

Banking 110

Banking Global Economy Development 110

ESG Today

DECEMBER 1, 2022

Global management consulting firm McKinsey & Company’s sustainability-focused platform McKinsey Sustainability and Moody’s financial intelligence and analytical tools unit Moody’s Analytics announced today the launch of a suite of solutions aimed at helping banks identify, measure, and act on climate change-related risks and opportunities.

Banking 111

Banking Analytics Climate Change Net Zero 111

3BL Media

APRIL 3, 2022

As the lynchpin of the global economy, financial institutions not only carry a responsibility to help mitigate climate change, they are also vulnerable to its financial risks. That climate risks are systemic risks for banks is clear. The top-down analysis that we did in our reports covers a specific piece of the biggest U.S.

Net Zero 130

Net Zero Banking Climate Change Global Economy 130

ESG Today

NOVEMBER 30, 2023

Additional banks exiting the SBTi validation process include Societe Generale and ABN AMRO, according to media reports. In a statement provided by Standard Chartered, for example, the bank said that its net zero approach “seeks to support a just transition that encourages the economic and social development of our dynamic market footprint.”

Banking 119

Banking Net Zero CDP Global Economy 119

McKinsey Sustainabilty

OCTOBER 21, 2024

The OECD sees the global economy improving. Central banks’ strategies are diverging, with some cutting rates and others raising them. China announces a major stimulus, and the US Federal Reserve cuts rates.

Global Economy 138

Global Economy Banking 138

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.

Net Zero 114

Net Zero Divestment Banking Climate Change 114

ESG Today

JULY 4, 2024

Deutsche Bank announced today that it has raised €500 million through its first-ever social bond offering, with proceeds aimed at supporting the bank’s sustainable asset pool which provides financing for areas including affordable housing, and access to essential services for elderly or vulnerable people.

Banking 96

Banking Green Bonds Global Economy Social Sustainability 96

3BL Media

SEPTEMBER 21, 2022

In its first year, the Index is helping to develop a benchmark for financial security and inclusion across global economies. In general, developed economies tend to pool towards the higher end of the Index, and emerging and developing economies cluster at the bottom. Key findings.

Global Economy 130

Global Economy Development Climate Change Banking 130

ESG Today

NOVEMBER 9, 2023

Danske Bank Asset Management announced the launch of a new team climate and nature team, advising and supporting the firm’s investment teams in making decisions based on the risks and opportunities related to nature and biodiversity. Steinmüller said: “Nature constitutes half of the foundation of the global economy.

Banking 105

Banking Global Economy Climate Change Development 105

GreenBiz

SEPTEMBER 14, 2020

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.

Climate Change 490

Climate Change Integrated Reporting Banking CDP 490

3BL Media

MAY 28, 2024

Q: Why is the decarbonization of the banking sector so important? Banks are at the center of the global economy. This pivotal role banks play is why it is so urgent that they work to eliminate carbon emissions—and climate risks—driven by their financing of their corporate and individual customers.

Banking 147

Banking Decarbonize Global Economy Climate Change 147

Corporate Knights

FEBRUARY 10, 2022

Here are three things that have actually contributed to the volatility of global energy prices: 1. The global economy was expected to grow by almost 6% in 2021, as wealthy countries vaccinated their populations and emerged from lockdowns. It’s the economic rebound, stupid.

Supply Chain 264

Supply Chain Supply Chains Global Economy Banking 264

Chris Hall

OCTOBER 10, 2024

Lenders are urged to end fossil fuel expansion and convert targets into “meaningful commitments” as US banks fall behind international peers. Action by banks to reach net zero emissions and meet climate goals is “insufficient”, according to two reports which also highlight significant gaps in the policies guiding the sector’s transition.

Banking 72

Banking Net Zero Paris Agreement Climate Change 72

3BL Media

JANUARY 24, 2024

Washington and Commercial Banking leader. Through their partnership, we are able to inspire and prepare students for success in a global economy and their thriving communities. The funding and support provided by KeyBank will empower us to expand our reach and make a meaningful impact on more students' lives.

Global Economy 147

Global Economy Banking 147

GreenBiz

DECEMBER 8, 2020

That’s the realm of banks and other financial institutions. "OK, It must be sourced, verified and scored consistently across companies to be meaningful to investors, banks and other interested parties. Sustainable finance is a way of deploying investment capital to create sustainable outcomes at a societal and economy-wide level.".

Banking 256

Banking Green Bonds Climate Change Clean Technology 256

3BL Media

SEPTEMBER 27, 2024

Fifth Third was also the first bank to design a checking account for the Achieving a Better Life Experience program, or ABLE. Fifth Third was also named among the index’s Best Places to Work for Disability Inclusion. ### About Fifth Third Fifth Third is a bank that’s as long on innovation as it is on history. Member FDIC.

Banking 147

Banking Global Economy Development 147

ESG Today

NOVEMBER 25, 2024

HSBC announced today that its Group Chief Sustainability Officer Celine Herweijer will be stepping down from her role and departing the bank at the end of the year. The firm said that Julian Wentzel, currently Head of Global Banking, MENAT, will be assuming the position of Interim Group Chief Sustainability Officer.

Chief Sustainability Officer 105

Chief Sustainability Officer Net Zero Banking Global Economy 105

GreenBiz

MAY 10, 2021

Finance professionals make up a fraction of the global population but are positioned to make and incentivize decisions that can shape the trajectory of the global economy," observed Ogechukwu Anyene, energy consulting manager at PowerAdvocate, who was part of the Emerging Leaders cohort at GreenBiz Group’s inaugural GreenFin event.

Net Zero 411

Net Zero Supply Chain Supply Chains Green Bonds 411

3BL Media

MARCH 4, 2024

Women’s History Month and International Women’s Day, we recognize the impact women-owned businesses make on the global economy. According to the World Bank, one in three businesses globally have women among their principal owners, and in the U.S., Inclusion leads to innovation, opportunity, and impact.

Supply Chain 147

Supply Chain Supply Chains Global Economy Banking 147

ESG Today

APRIL 18, 2024

Investors in the Climate Innovation Fund include sovereign wealth funds, pensions, insurance companies, banks, family offices and high-net-worth individuals.

Analytics 116

Analytics Climate Change Global Economy Banking 116

ESG Today

FEBRUARY 9, 2024

UK-based bank Barclays will no longer directly finance new oil and gas projects, and will require its energy sector clients to produce transition plans or decarbonization strategies by the beginning of next year, according to a new “Climate Change Statement” released by the bank.

Banking 119

Banking Net Zero Climate Change Decarbonize 119

ESG Today

JANUARY 22, 2024

The organization is also involved in a lawsuit launched last year against Paris-based global bank BNP Paribas , targeting the bank’s financing for new oil and gas projects and calling for a strong climate policy, based on a similar “duty of vigilance” law in France.

Climate Change 122

Climate Change Banking Net Zero Paris Agreement 122

Environmental Finance

SEPTEMBER 29, 2022

The sustainability-linked bond (SLB) market will continue to evolve as it diversifies to include issuers in previously underrepresented sectors, despite a volatile macro backdrop, an executive at NatWest bank has said.

Global Economy 45

Global Economy Banking 45

McKinsey Sustainabilty

AUGUST 24, 2023

Generative AI could add enormous value across the global economy, from banking to life sciences. The companies that use the technology quickly and effectively will have the edge.

Global Economy 76

Global Economy Banking 76

ESG Today

JUNE 26, 2024

Sustainable aviation fuel (SAF) technology and production company LanzaJet today announced an investment from Tokyo-based banking group Mitsubishi UFJ Financial Group (MUFG). Koichiro Oshima, Managing Executive Officer, Head of Financial Solutions Group, MUFG Bank, Ltd., ”

Waste 116

Waste Banking Global Economy Climate Change 116

3BL Media

AUGUST 25, 2022

"JA Finance Park's success is a testament to the public-private venture model that brings together businesses and school systems to prepare our local students to succeed in a global economy. JAGW inspires and prepares young people to succeed in a global economy. Truist Bank, Member FDIC.

Banking 130

Banking Global Economy Development 130

Chris Hall

MARCH 2, 2022

Seven Russian banks will likely be cut off from SWIFT; Japan will freeze Russia’s yen reserves; Korea will suspend transactions with seven Russian banks and their subsidiaries. The US and its allies announced a decision on 25 February to shut some of Russian banks out of the SWIFT financial messaging system.

Banking 98

Banking Global Economy Development 98

3BL Media

JUNE 12, 2024

Climate solutions - As extreme weather events increase, and the transition to a netzero global economy picks up steam, Bloomberg is expanding its climate solutions to help corporate strategy, finance and policy professionals better identify, assess, manage and report climate risks and opportunities.

Analytics 147

Analytics Climate Change Global Economy Data Analytics 147

GreenBiz

JANUARY 25, 2021

For example, the Mission Possible Partnership gets leading heavy-industry companies, banks and governments to create investment-grade “net-zero” sector strategies in seven key areas of the global economy — aviation, shipping, trucks, chemicals, steel aluminum and cement.

Net Zero 268

Net Zero Waste Climate Change Banking 268

James Militzer

OCTOBER 9, 2023

In recent years, the proliferation of mobile devices, along with the continent’s poor banking infrastructure, have made Africa fertile ground for explosive growth in mobile money use. According to the GSMA , in 2022, two thirds of the globally processed $1.26 trillion in mobile money transactions occurred in sub–Saharan Africa.

Digitalization 127

Digitalization Banking Global Economy Development 127

3BL Media

JULY 3, 2024

Everyone benefits when women are active, dynamic players in local economies and societies. Investing in women’s economic power can help the global economy grow an additional $10 trillion by 2030 ( Eurasia Group, Oct 2023 ). Where do we go next? Yet, market systems have largely been designed by and for men.

Supply Chain 147

Supply Chain Supply Chains Global Economy Banking 147

Energy Central

APRIL 3, 2023

NYT BY CLIFFORD KRAUSS, NOW World Bank Warns of Lost Decade for Global Economy Lender sees demographics, war and pandemic aftereffects holding back growth WSJ BY HARRIET TORRY, APRIL 2, 2023. million barrels a day.

Global Economy 72

Global Economy Banking 72

3BL Media

MAY 16, 2024

In Peru, it’s common for banks to require men as co-signers on loans, even loans for women-owned businesses. Without a banking history, as a woman entrepreneur, it would have been impossible for Violeta to get the loans that made her business possible. This is exactly what CARE’s programming has set out to change.

Banking 147

Banking Global Economy Digitalization 147

3BL Media

JANUARY 31, 2022

combines the views of leading multilateral and international organizations such as The World Bank, United Nations, International Finance Corporation, and European Union bodies with top-tier thought leadership to report on the forces influencing and reshaping the global economy.

Global Economy 130

Global Economy Development Banking Supply Chains 130

3BL Media

APRIL 11, 2024

Furthermore, this initiative is also motivated by the prevailing challenges that organizations of all sizes are facing: the ramifications of the pandemic persist, manifesting in a delicate global economy characterized by slow growth, high interest rates, rising debt levels, and pressure on global trade.

Global Economy 147

Global Economy Development Banking 147

Chris Hall

NOVEMBER 25, 2022

Data, analytics and research services provider MSCI has developed a new solution to support banks looking to align with the European Banking Authority’s (EBA) ESG Pillar 3 prudential framework for measuring and reporting on ESG and climate-related risks.

Banking 52

Banking Analytics Data Analytics Supply Chain 52