Barclays exits Net Zero Banking Alliance
The bank said the departure of global banks means "the organisation no longer has the membership to support our transition".
EU set to adopt voluntary sustainability reporting standard for SMEs
The standard is expected to cover most of requests SMEs receive from banks, investors and large corporates.
HSBC provided US$54bn of sustainable finance in the first half of 2025
The bank aims to provide between US$750 billion and US$1 trillion of sustainable finance by 2030.
Renewables ambition up by just 2% since COP28 pledge to triple capacity
Only 22 countries have revised their targets since COP28.
Heavy snow and heatwave blamed for 14% profit loss at UK bakery chain Greggs
"Heavy snow and strong winds in January and unusually hot weather in June had a material impact on consumer behaviour."
Whole Foods pledges half a million dollars to restore biodiversity on US farms
“This initiative is laying the groundwork for a new kind of agriculture."
Calls for strong Global Plastics Treaty grow ahead of final negotiations
"We can’t allow the corporations who profit from plastic pollution to write the rules."
ECB will consider ‘climate factor’ when lending to banks from next year
Each asset pledged as collateral will be value-assessed based on climate vulnerability.
Ribena owner Suntory invests nearly £1mn in climate-resilient berry production
Changing weather patterns have made berry production more unpredictable.
Deutsche Bank names first Global Head of Sustainable Finance
“We see particularly exciting opportunities in emerging markets where demand for renewable energy is growing fast."
