ESG
ESG
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HSBC Holdings has been reprimanded by a U.K. watchdog for violating environmental advertising rules, after it sought to depict itself as a green bank in a set of posters.
October 19 -
The world's biggest climate coalition for bankers says it has the right to ignore a proposal that would require members to phase out the financing of fossil fuels.
October 18 -
One of the original green challenger banks has elevated its chief sustainability officer into the role.
October 14 -
For some bankers, net zero is like a new year's resolution — a pledge one makes and often breaks before a year has passed.
October 14 -
The Rhode Island bank has launched a program that allows companies to use interest earned on their deposits to purchase credits. It's a way for companies to address climate change without reducing their own hard-to-abate emissions.
October 12 -
The biggest climate event of the calendar looks set to draw far fewer chief executives than it did just a year ago.
October 12 -
Women focused on environmental, social and governance issues are seeing career opportunities open as sustainable finance initiatives become more critical to a bank's success.
October 9 -
The megabank made its first-ever disclosures about financed emissions in a report aligned with the Task Force on Climate-related Financial Disclosures. "The complexity of this process only served to highlight the critical need for consistent, verified public reporting of emissions and other climate-related data," the bank stated.
October 6 -
Using a local beach as a canvas for its billboard — which vanishes as the tide comes in — the bank is drawing attention to how customers' financial choices can affect the environment.
October 6 -
In a report published Tuesday, the nonprofit Finance Watch estimates that the 60 largest global banks have about $1.35 trillion of credit exposures to fossil fuel assets.
October 4