Sustainable Finance

RBC drops sustainable finance goal citing changing methodology and greenwashing laws

The bank was aiming to provide C$500 billion in sustainable finance by the end of this year.

Melodie Michel

30 April 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

Sustainable Finance

Climate groups slam SEC’s JBS listing approval as ‘deep failure’

JBS has been linked to corruption, deforestation and land-grabbing.

Melodie Michel

24 April 2025

Oil & Gas

Shareholders ask Equinor to explain ‘inconsistency’ between oil expansion and climate goals

"If Equinor can’t make its renewables business profitable, it should return excess capital to its investors – not double down on fossil fuel projects."

Melodie Michel

22 April 2025

Sustainable Finance

US climate tech investment ‘healthy’ despite headwinds

But founders of climate tech startups are concerned about Trump-era policymaking.

Melodie Michel

22 April 2025

Climate Adaptation

Food investors warned against future climate losses worth US$38tn

This is the second time in two weeks that food investors are being warned about upcoming losses related to climate change.

Melodie Michel

17 April 2025

Climate Targets

NZBA softens climate target requirements for members

The move comes after many US, Canadian and Australian banks left the initiative.

Melodie Michel

15 April 2025

Sustainable Finance

FCA: Defence companies allowed to receive funds labelled as ‘sustainable’

ESG fund labelling rules “do not prescribe which activities or investments are sustainable”.

Melodie Michel

12 March 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