European banks ‘moving backwards’ on climate action: report
La Banque Postale, BNP Paribas and Credit Mutuel and some of the few banks that have improved climate performance.
Most of Europe’s 25 largest banks are reducing their climate ambition and even moving backwards on climate progress, according to new analysis by ShareAction.
Only a small number of banks (including La Banque Postale, BNP Paribas and Credit Mutuel) have improved their performance on climate, while the majority has stalled and a “concerning minority” has backtracked on previous commitments.
