Latest articles from Sustainability

Wind farm Vietnam

Spotlight falls on development banks’ climate role

September 30, 2022

The World Bank chief’s awkward stance on global warming has accelerated calls for multinational development banks to get an overhaul.

Combine harvester soy field

Land use transformation demands bank attention

September 27, 2022

During New York Climate Week, the UN released a report which presents a stark warning for financial institutions. 

Drawers

Current approaches to taxonomies risk limiting their impact

September 26, 2022

Without a single global taxonomy, clarity will be crucial — along with information that is consistent, comprehensive, and comparable across geographies and regulatory requirements.

Climate policy uncoordination

Lending in a landscape of uncoordinated climate policies

September 23, 2022

With the stringency of climate policy varying from one country to the next, how are banks taking advantage of this lack of coordination?

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7 Elizabeth Mrema

Elizabeth Mrema: Businesses must prepare for greater scrutiny over nature-related risks

September 22, 2022

Nature-related risks are the next frontier for achieving genuinely sustainable finance and business practices, and soon the regulation will follow, argues the co-chair of the Taskforce on Nature-related Financial Disclosures and executive secretary of the Convention on Biological Diversity.

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Money stacks with plants

Vancity tops Sustainable Banking Revenues Ranking

September 22, 2022

The new ranking, produced with Corporate Knights, analyses the share of banking revenues derived from sustainable activities.

Deforestation

EU banks face new deforestation financing rules

September 16, 2022

As the world’s forests vanish faster than ever, the European Parliament moves towards tighter due diligence rules. But how effective are they?

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Joy Portrait

More effort needed to reach 1.5°C climate target

September 13, 2022

Ahead of the next COP27 meeting in November, research has found that no G7 country has a corporate sector likely to decarbonise fast enough to meet the Paris Agreement’s goal.

Money flood

Banks too must prepare for the flood

September 12, 2022

As climate change threatens increased risk of floods, banks and insurers have a responsibility to galvanise their insurance policies.

Banks ESG

Why US banks must be clear about the importance of ESG

September 5, 2022

A Republican push-back against ESG could force banks to choose between red and blue states, in spite of poor outcomes in Texas.

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