Sustainable Finance

Sustainable finance under scrutiny amid Barclays controversy

Overly flexible guidelines may be allowing banks to fund fossil fuel expansion under sustainability labels.

Melodie Michel

14 May 2024

CSO Futures Weekly

CSO Futures Weekly: The devil in the details

Peaking power sector emissions, Paypal's rising crypto footprint and a growing bet on carbon capture and storage...

Melodie Michel

09 May 2024

People & Culture

Germany’s development bank KfW names new Chief Sustainability Officer

Jürgen Kern joined the bank in 2007 and was most recently Director of Corporate Strategy and Sustainability.

Melodie Michel

09 May 2024

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

UK’s Transition Plan Taskforce unveils sector-specific guidance

Asset managers and banks, as well as companies in electricity, food and beverages, mining and oil and gas now have access to detailed recommendations to draft their transition plans.

Melodie Michel

09 April 2024

People & Culture

US bank Fifth Third announces new Chief Sustainability Officer

Pratik Raval previously held various positions (including Head of Sustainability Strategy) at Tata Consultancy Services USA.

Melodie Michel

18 March 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

Policy & Standards

SEC to vote on watered down climate disclosure rule next week

The Commission is said to have removed Scope 3 emissions from its final draft.

Melodie Michel

29 February 2024

Operations & Finance

HSBC puts focus on sustainability execution after board criticism

The bank was asked to “better define core areas of the group’s sustainability execution programme", including accountability and governance.

Melodie Michel

29 February 2024

CSO Futures Weekly

CSO Futures Weekly: Bumps in the road and existential questions

Sustainable finance's persistent data and commitment issues, Mike Berners-Lee's existential questions and more...

Melodie Michel

22 February 2024