Sustainable Finance

Concerns grow over banks’ climate commitments as GFANZ loosens mandate

The move comes after several financial institutions decided to leave UN-backed climate initiatives, such as NZBA.

Melodie Michel

06 January 2025

Sustainable Finance

Institutional investors still hungry for sustainable assets

Client demand and net zero targets are driving more appetite for sustainable assets.

Melodie Michel

05 December 2024

CSO Futures Weekly

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.

Melodie Michel

31 October 2024

Climate Targets

Morgan Stanley lowers climate ambition in new round of 2030 targets

"The world is not on track to meet a 1.5°C scenario."

Melodie Michel

28 October 2024

Carbon removals

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.

Melodie Michel

24 October 2024

CSO Futures Weekly

CSO Futures Weekly: Investors are asking for credible transition plans

Shareholders push for transition plan votes in 2025, packaging firms get first CSOs and Morgan Stanley drops its plastic commitment.

Melodie Michel

12 September 2024

Plastic Pollution

Morgan Stanley drops 2030 pledge to cut plastic pollution

The bank removed all mentions of its Plastic Waste Resolution from its latest ESG report.

Melodie Michel

06 September 2024

People & Culture

Survey: 85% of firms see sustainability as a financial opportunity

“Sustainability strategies and core business strategies are converging.”

Melodie Michel

23 May 2024

Operations & Finance

Investors support sustainability criteria and transparent climate reporting

ESG backlash in the US appears to go against investor preferences.

Melodie Michel

05 February 2024