Citibank, JPMorgan Chase, Itaú Unibanco, Santander and Bank of America – are “greenwashing” their roles in destroying the Amazon, a new hard-hitting report says.
Net Zero Council stresses importance of collaboration
The Net Zero Council- a partnership between government, business and finance – aims for environmentally-friendly practices to grow the economy.
HSBC helped raise more than £37bn for oil and gas companies
HSBC has helped to raise more than £37 billion for oil and gas companies despite its pledge to “no longer” provide finance for new oil and gas fields.
Banks fuelled over £123bn into ‘carbon bomb’ projects
Banks fuelled over £123 billion ($150 billion) into companies with “carbon bomb” projects in 2022.
Only four global banks restrict metallurgical coal financing
Only four global commercial banks have a policy that restricts financing metallurgical coal used for steelmaking, a new report by BankTrack found.
Major high-street banks on ‘red list’ over fossil fuel investments
Major high-street banks have been put in a “red” category following new analysis on their fossil fuel investments and green policies.
Europe’s largest banks have helped fossil fuel companies raise nearly £900bn
Europe’s largest banks have helped fossil fuel companies raise nearly £900 billion from the global bond markets since the Paris climate agreement.
Almost 40% of UK customers would change banks over fossil fuel investments
Almost one in four customers (38%) would be likely to change banks if they found their bank was investing in fossil fuels, according to ShareAction.
