banks

The Curious Case of SMBC Group – Financing Climate Change Offenders

While SMBC Group has taken some positive steps in terms of its green commitments, it falls way behind global and even local competitors. Unless the financial institution makes a dramatic U-turn, it will bear the consequences of excessive stranded asset and reputational risks.

The ARE Banking Report – How the Banks That Have Financed Emissions Can Change

Climate change will hit Asia the hardest, so local banks should act with urgency. However, Asian banks are lacking when it comes to their decision-making and sustainability policies.

How Banks Are Making it Hard to Fight Climate Change

While banks are increasingly looking to diversify into climate-friendly portfolios, many institutions continue to back coal. Due to their increased responsibility and influential role in fighting climate change, banks should aim to end support for coal expansion and redirect financing towards renewable energy projects.

Chinese Banks Risk their Reputation With Investments in Coal

Chinese banks have made investments in coal for decades and this hasn’t changed with China’s...

Malaysian Banks and Their Slow Transition to Renewable Energy Finance

The UN’s 17 Sustainable Development Goals (2015-2030) is to reduce global air pollution levels through...

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