“At HSBC, we’re very committed to the transition to a global net zero economy, not just by playing our part, but by helping to lead it,” she said.

As chief administrative officer, Johnson works closely with the finance and investor relations team on the analytics for the bank's ESG initiative.

As part of American Banker's Most Powerful Women in Banking and Finance program, we have selected 25 women who stand out in specific categories that have taken on increasing importance lately, including human resources, risk and ESG.

The moves are part of a $30 billion pledge to advance racial equity that the megabank made following George Floyd's murder last year.

A new study from Moody’s found a small correlation between greater gender diversity and higher credit ratings. But researchers at the ratings firm warned that their efforts were hampered by a lack of consistent data.

The $12.3 billion-asset Boston bank set an ambitious three-year target for mortgages and small-business loans in low-income areas. It's a major part of a $5 billion commitment to financial inclusion and clean energy.

In the wake of Hurricane Ida, the latest storm to batter the Gulf Coast, John Hairston is grappling with the consequences of a warming planet. He suggests that it's imperative for banks and their regulators to be part of the solution.

The European Central Bank is stepping up pressure on lenders to prepare for stress tests next year that will show just how vulnerable the industry is to climate change, according to people familiar with the process.

Climate activists broke windows at JPMorgan Chase offices in central London Wednesday as part of two weeks of protests against organizations that support fossil fuels. 

Goldman Sachs Group agreed to buy the asset-management arm of the Dutch insurer NN Group NV as the bank grabs a toehold in the fast-growing sustainable-investing industry and boosts its European ties.