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European banks ‘moving backwards’ on climate action: report

News and Interviews

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.

11 December 2025

ABN Amro names new Chief Sustainability Officer

People & Culture

ABN Amro names new Chief Sustainability Officer

Sandra Phlippen replaces Solange Rouschop, who has been leading the bank’s sustainability strategy since 2023.

21 November 2025

‘Profoundly irresponsible’: HSBC updates climate transition plan with looser sector-specific targets

‘Profoundly irresponsible’: HSBC updates climate transition plan with looser sector-specific targets

The bank has changed sector-specific financed emissions targets from fixed targets to ranges.

07 November 2025

Net Zero Banking Alliance closes down after mass exodus

Net Zero Banking Alliance closes down after mass exodus

“It’s bitterly disappointing to see the biggest banks in the world vote to step away from accountability."

03 October 2025

NZBA’s fate to be decided by the end of September

Net Zero Banking Alliance

NZBA’s fate to be decided by the end of September

The alliance has paused its activities while remaining members vote on its future.

28 August 2025

Westpac promotes sustainability lead to Deputy CSO

People & Culture

Westpac promotes sustainability lead to Deputy CSO

The Australian bank recently poached BHP’s former CSO Fiona Wild to take the helm of its sustainability strategy.

25 August 2025

Is the financial sector really moving away from fossil fuels?

Energy Transition

Is the financial sector really moving away from fossil fuels?

“The reality is that the economics are not in favour of more oil and gas production."

21 August 2025

NZBA loses another major member as Swiss bank UBS withdraws

Net Zero Banking Alliance

NZBA loses another major member as Swiss bank UBS withdraws

UBS recently delayed its operational emissions target and scrapped ESG-linked compensation.

11 August 2025

A complete guide to UK banks' sustainable finance and fossil fuel funding activities

A complete guide to UK banks' sustainable finance and fossil fuel funding activities

A look at HSBC, Barclays, Lloyds, NatWest and Standard Chartered's sustainable funding policies.

08 August 2025

BBVA sustainable funding activities up nearly 50% year on year

Sustainable Finance

BBVA sustainable funding activities up nearly 50% year on year

76% of the €64bn was allocated to projects related to climate change and natural capital.

04 August 2025