Banking

Report highlights UK banks’ fossil fuel exclusion loopholes

NatWest was the only bank to provide more financing to green companies than to fossil fuels between 2020 and 2024.

Melodie Michel

30 May 2025

Policy & Standards

Basel Committee stands firm against US pressure to dilute work on climate risk

The Committee will prioritise its work to analyse the impact of extreme weather events on financial risks.

Melodie Michel

13 May 2025

People & Culture

HSBC AM eliminates Head of Sustainability position

Erin Leonard took on the new position of Global Head of Sustainability at HSBC AM in 2021.

Melodie Michel

06 May 2025

Transition Finance

Top UK and EU banks still lack credible climate transition plans

"Banks won’t adopt credible transition plans unless they are required to do so."

Melodie Michel

29 April 2025

CSO

MUFG names first EMEA Chief Sustainability Officer

The Japanese bank has also appointed a Deputy CSO for the region.

Melodie Michel

03 April 2025

ESG Reporting

GRI seeks feedback on new financial services reporting standards

“It is more critical than ever to equip capital markets with relevant guidance that can support them in financing the transition to a sustainable global economy.”

Melodie Michel

07 March 2025

Climate Targets

Wells Fargo drops net zero target in ‘cowardly and shortsighted’ move

“Investors expect banks to mitigate risk, not accelerate it.”

Melodie Michel

05 March 2025

Sustainable Finance

Standard Chartered sustainable finance income up 36% in 2024

“The opportunity to finance the transition to a low-carbon economy is more compelling and crucial than ever."

Melodie Michel

26 February 2025

Climate Targets

HSBC lowers ESG weighting in executive pay and delays net zero target by 20 years

The bank is also reviewing 2030 financed emissions targets.

Melodie Michel

19 February 2025

People & Culture

Wells Fargo announces Chief Sustainability Officer replacement

Jeffrey Schub has been named Head of Sustainability.

Melodie Michel

06 February 2025