HSBC, Morgan Stanley: Are banks lowering their climate ambition?
Two banks seem to move sustainability down their priorities list and one sustainability head shares what keeps her awake at night.
HSBC CSO demoted from executive committee amid cost-cutting reshuffle
In February, the bank was advised by its board to refocus its sustainability strategy on execution.
Morgan Stanley lowers climate ambition in new round of 2030 targets
"The world is not on track to meet a 1.5°C scenario."
UN report calls for 42% emissions reduction by 2030
“It remains technically possible to get on a 1.5°C pathway."
COP16 and what companies can do to unlock finance for nature
Aviva funds nature restoration, CDP reports increasing biodiversity disclosures and the mining sector seeks to improve standards....
Morgan Stanley to buy 40,000 tonnes of direct air capture removals
The bank recently created a new fund to support the removal of one gigatonne of emissions by 2050.
LGT Wealth Management appoints first Chief Sustainability Officer
LGT Wealth is a member of the Global Investor Commission on Mining 2030 launched last year to support a responsible mining industry.