Sumitomo Mitsui Becomes First Japanese Bank to Exit Net Zero Banking Alliance
Sumitomo Mitsui Financial Group (SMFG), Japan’s second largest bank, revealed that it has decided to […]
Sustainable Finance
Standard Chartered to Engage with all Priority Clients in High-Emitting Sectors Over Next 12 Months
International banking group Standard Chartered announced the release of its inaugural Transition Plan, outlining its detailed […]
Wells Fargo Drops Net Zero Goal
Wells Fargo revealed that it has dropped some of its key climate-related goals, including its […]
BBVA Raises Sustainable Finance Goal to More than $700 Billion by 2029
Spanish Bank BBVA announced the launch of a new goal to channel €700 billion (USD$735 […]
Standard Chartered Earns Nearly $1 Billion in Sustainable Finance Income
International banking group Standard Chartered announced that it achieved $982 million income generation from sustainable […]
Canada Pushes Back Requirement for Banks, Insurance Companies to Report Financed Emissions by 3 Years
Canada’s financial regulator, the Office of the Superintendent of Financial Institutions (OSFI), announced a new […]
MSCI, Swiss Re Partner to Help Financial Sector Assess and Manage Climate Risk
Investment data and research provider MSCI and Swiss Re Reinsurance Solutions announced the launch of […]
Mizuho, GenZero to Develop Transition Credits to Accelerate Shift to Clean Energy
Tokyo-based banking and financial services company Mizuho Bank and Temasek-owned decarbonization solutions-focused investment platform GenZero […]
HSBC Pushes Back Net Zero Goals by 20 Years
HSBC revealed today a series of major changes to its climate goals, including a decision […]
ICAO Launches Platform to Connect Aviation Decarbonization Projects with Investors and Financing
The International Civil Aviation Organization (ICAO) announced the launch of ICAO Finvest Hub, a new […]