Latest articles from Sustainability

Basel A. Al-Haroon, governor of the Central Bank of Kuwait

Kuwait’s central bank crafts sustainable development strategy

April 3, 2023

The governor of the Central Bank of Kuwait talks about the impact of slowing economic growth on the local banking sector, CBDCs and other digital initiatives, and the country’s nascent green finance initiatives.

A sign at a BNP Paribas SA bank branch in the Opera district of Paris, France.

BNP Paribas lawsuit serves as a warning to wider industry

March 17, 2023

Legal commentators warn banks that greenwash or whose actions appear not to meet due diligence laws are almost certain to face similar legal action.

An aerial view of green crop circles in Nevada.

ESG ratings: the case for reform

March 13, 2023

The current system of ESG ratings that funds rely on to comply with the Sustainable Finance Disclosure Regulation is only leading to greenwashing.

Composite of modern financial buildings and trees in London city.

The governance of sustainability in large global banks

March 8, 2023

A report exploring the sustainability progress of 30 European and North American banks shows a need for renewed focus on strategy and risk management.

GET - world on fire

Hopes that World Bank head will focus on climate change

March 8, 2023

Many have high hopes for presumptive World Bank head Ajay Banga. 

An image of a field with a cooling tower emitting steam and a wind turbine next to it.

Explainer: Net-zero has to start somewhere

March 6, 2023

Do banks need a climate transition plan?

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The Banker Shorts March 3

The Banker Shorts – March 3, 2023

March 6, 2023

Your quick guide to the week ending March 3, 2023, on

A glowing sign of BNP Paribas atop a building at night.

BNP Paribas hit by climate lawsuit in France

March 2, 2023

Three non-profits are suing BNP Paribas for taking insufficient action to end fossil fuel financing, though the bank insists its strategy of reducing oil and gas exposure is ‘largely on track’.

A vast pile of stacked timber.

Report shows banks may be failing to recognise the risks of deforestation

February 23, 2023

Of 500 organisations surveyed who are “most exposed to deforestation risk in their supply chains and investments”, 40% have not set a single policy on deforestation.

An abstract image of wooden blocks stacked up on which are wooden trees.

To comply with ESG you first need to understand it

February 16, 2023

Environmental, social and governance criteria are three separate goals that do not necessarily go hand-in-hand, says a Commerzbank white paper. 

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