All posts tagged "BANKS"

• Asia-Pacific

  China to Assess Banks’ Green Finance Performance

  China's central bank to begin quarterly assessments of 24 major banks on their green finance performance under a new evaluation system. 

• Commentary

  ICYMI, the Climate Crisis is Heading West

  G7 leaders are not short of advice, nor lessons from local history.

• Industry

  NGFS Updates Climate Scenarios With More Granular Data

  Central banks warn: 13% of global GDP would be at risk by end of century, even before accounting for severe weather events.

• Europe

  BoE Publishes Climate Risk Stress Tests for Banks, Insurers

  Exercise aims to support more robust management of climate-related financial risks across the sector, says  governor.

• Industry

  Road to Net Zero Will not be Straight – UNDP

  Transition paths from brown to green assets are largely dependent on public policy, with finance sector playing supporting roles.

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  Asia-Pacific

  Ending Banks’ “Deadly Addiction” to Coal

  Asset owners and managers encouraged to turn up the heat as banks prove slow to withdraw from historic relationships.

• Commentary

  ICYMI, the Writing was on the Wall

  Oil and gas majors may be on the back foot this week, but they’re far from alone in needing to do more.

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  Features

  Different Hurdles in Race to Zero

  Transition frameworks need to account for nuances in strategies, asset managers say. 

• Asia-Pacific

  MAS Revises Corporate Governance Guidelines for FIs

  New guidelines incorporate 2018 changes to Corporate Governance Code, including greater stakeholder focus.  

• Industry

  NGOs Call for More Action Against Coal as Allianz Updates Policy

  Coal policies of UK institutions, PPCA members criticised by Reclaim Finance.