Natwest's coal policies are improving, but still lack crucial detail for how it gets done
Indigenous groups fighting for years take on the giant bank - and win
The Bureau of Investigative Journalists are exposing the truth - HSBC are watering down climate commitments in secret talks.
The much awaited announcement from the bank doesn't get near the action required to limit the climate crisis
Mark Carney is in charge of the Glasgow Financial Alliance for Net Zero (GFANZ). It's a collection of over 450 financial institutions around the world, working to "accelerate the transition to a net-zero global economy".
This means billions being pulled out of fossil fuels. It's a huge move.
From 2016 to 2020, JPMorgan Chase has been the world’s largest banker of fossil fuels - pouring more than $316 billion into businesses destroying our environment.
It’s incredible. Shareholders at international bank Standard Chartered are publicly calling out their company’s climate investments - for the first time ever! And they’re doing it while Standard Chartered’s CEO is chairing an international meeting of businesses, to talk about sustainability 😳.
Like banks in other countries, Italy’s biggest banks are dragging their feet on bringing fossil fuel financing to an end. One bank, Unicredit, has made progress but recently breached its own coal policies. Another, Intesa Sanpaolo, hasn’t even tried.
This is what campaign pressure can achieve. A private equity mogul has left the Biden administration’s climate team after an outcry from campaigners.