Climate disclosures 600 FIs now committed to PCAF financial emissions disclosures PCAF is working to expand its standard and cover new asset classes such as transition finance. Melodie Michel 30 May 2025
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
Sustainable Finance Asset managers’ SFDR disclosures still too generic despite 'credible progress' "Credible, clear disclosures are possible – but they are still far from the norm." Melodie Michel 29 May 2025
Sustainable Finance CPP Investments scraps 2050 net zero target "A tacit admission that CPPIB was aware that its statements on net zero weren't in line with internationally recognised standards." Melodie Michel 23 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
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