Asset managers lobbying governments to dampen sustainable finance policies
Analysis of the 30 largest financial institutions shows contradictions in sustainable policies
Banks
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Barclays’ climate strategy ‘is not Paris aligned’
Shareholders encouraged to vote against plan at bank’s AGM in May
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Shareholders withdraw HSBC resolution as bank engages on climate
Bank has agreed to phase down fossil fuel financing
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Shareholders withdraw HSBC resolution as bank engages on climate
Bank has agreed to phase down fossil fuel financing
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HSBC plans 34% emissions cut to oil and gas finance by 2030
However, bank comes under fire for loopholes in its climate targets
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Japanese companies’ rising regard for investors
Sparx Asset Management’s Yu Shimizu says companies are now more likely to listen to shareholders
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European banks funnel $400bn into oil and gas expansion
ShareAction report says this financing is also detrimental to banks’ investors
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Japanese companies’ rising regard for investors
Sparx Asset Management’s Yu Shimizu says companies are now more likely to listen to shareholders
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Wall Street close to triggering climate financial crisis
A new report urges the Biden administration to slash the financial sector’s role in global warming
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UN creates framework for finance firms to reach net zero
Set of 11 recommendations for G20 leaders
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Shareholders up pressure on Standard Chartered over fossil fuel funding
Climate resolution claims the bank has financed more than $31bn to fossil fuels since Paris Agreement
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Crisis Talks with XR: ‘You wouldn’t take these risks with a portfolio – so why with the planet?’
In the third video in this ESG Clarity series, climate activists – including a newspaper columnist and ex-investment banker – discuss how the investment community can propel the green transition