Banking
BNP Paribas ceases underwriting of coal and gas bonds
French lender BNP Paribas has effectively ceased to participate in the issuance of bonds by the oil and gas sector, the bank confirmed at its AGM this week, in one of the most drastic pushbacks to fossil fuel lending so far
Shareholder victory: Barclays to cease funding new fossil fuel projects
Barclays, one of the five largest banks in Europe has confirmed today that it will no longer fund new oil and gas projects, a move that was welcomed by activist shareholders
How to scale up nature-based solutions
Institutional interest in natural capital is growing but it still accounts for only a fraction of funds committed to restoring nature. How can funding be scaled up?
Rising sea levels could sink Asian banks investors warn
As sea levels are rising, so could the risk of NPLs among Asian banks, an investor coalition warned
HSBC: ‘Other banks are following our oil and gas strategy’
Net Zero Investor spoke to Tim Lord, head of climate change at HSBC UK, and Robert King, UK head of sustainable finance at the bank, on what big banks can do if they are serious about sustainability
People Moves 15 June: Who is hiring who within the industry?
This week saw C-suite changes at some of Europe’s largest asset managers
Triodos Bank exec: climate transition needed to avoid ‘stagnant societies’
Hans Stegeman argues that shift in economic model must be driven for environmental factors and due to a widely changing society
No to net zero: Climate motions in America’s banking space seem doomed to fail
At some of America's biggest banks, shareholders continue a trend of voting against climate-related resolutions this proxy season