Operations & Finance

Global banks under pressure to set more specific sustainable finance targets

To meet the world’s net zero targets, the ratio of green to fossil fuel financing should reach a minimum of 4:1 by 2030.

Melodie Michel

06 May 2024

Policy & Standards

Global banks set to include capital market emissions in net zero targets

The second version of the NZBA guidelines reflect improvements in financed emissions calculation methodologies and data quality.

Melodie Michel

14 March 2024

Operations & Finance

Top fossil fuel financier Barclays stops funding new oil and gas projects

The bank's previous climate plan was criticised for lacking a commitment to end new oil and gas expansion.

Melodie Michel

09 February 2024

Operations & Finance

European banks move away from fossil fuels post-COP28

Crédit Agricole and ING have both announced steps to phase out fossil fuel investments from their portfolios faster than planned.

Melodie Michel

21 December 2023

Operations & Finance

SEB sets emissions targets for truck manufacturers in its portfolio

Chief Sustainability Officer Hans Beyer says the new target means three quarters of the bank’s financed emissions are now covered by its net zero strategy.

Melodie Michel

16 November 2023

Operations & Finance

Deutsche Bank sets strict emissions targets across corporate loans

The bank is vetting carbon-intensive loans and phasing out clients that refuse to align with its net zero strategy.

Melodie Michel

19 October 2023