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
Sustainable Finance Green economy now generates more than US$5tn of revenue a year for investors If considered a standalone sector, the green economy would be the second-best performer among all FTSE All World Index industries. Melodie Michel 13 May 2025
Mining Norway’s sovereign wealth fund engages with miners over Amazon project concerns "Rehabilitation of deforested areas is unlikely to mitigate the environmental damage resulting from the removal of intact rainforest." Melodie Michel 12 May 2025
Energy Transition Investors press banks to set clear renewables financing targets "Banks are not yet providing a clear strategy on how they will specifically finance the sectors and technologies most needed for the clean energy transition." Melodie Michel 07 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
Sustainable Finance HSBC investors demand renewed climate commitment after ‘deeply concerning signals’ "If the bank fails to do so it should not expect shareholders to remain silent." Melodie Michel 02 May 2025
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