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OCC Withdraws Climate Risk Guidance for Banks

OCC Withdraws Climate Risk Guidance for Banks

The head of the regulator said the guidance was overly burdensome for banks
The Federal Reserve to Pull Out of Climate Coalition

The Federal Reserve to Pull Out of Climate Coalition

The bank said it had decided to leave the network after the group’s work “increasingly broadened in scope"
Nearly 90% of Global Banks Are Unprepared for Climate-Related Disruptions

Nearly 90% of Global Banks Are Unprepared for Climate-Related Disruptions

European banks lead in climate adaptation, while US banks lag behind
RS Metrics Senior Advisor and Former European Pension Fund CEO Explains why Asset Owners need Asset Specific Climate Data

RS Metrics Senior Advisor and Former European Pension Fund CEO Explains why Asset Owners need Asset Specific Climate Data

Climate change is happening and it brings along both significant risks AND opportunities
US Banks Rank as Largest Global Fossil Fuel Financers

US Banks Rank as Largest Global Fossil Fuel Financers

JPMorgan has invested over $430 billion in fossil fuels since the Paris Agreement
Banks Compromise NetZero Goals with Livestock Financing

Banks Compromise NetZero Goals with Livestock Financing

Banks' lending to livestock resulted in 63.1 million metric tons of CO2e
APG sets out new strategy targeting energy transition investments

APG sets out new strategy targeting energy transition investments

The transition will be at the core of ABP’s infrastructure allocation in 2024
How Institutional Investors Are Approaching Sustainable Investing

How Institutional Investors Are Approaching Sustainable Investing

Ahead of COP 28, new research shows the ways in which institutions are embracing ESG issues regardless of policy action
“Bring Your Own Assets” functionality empowers Banks to better understand environmental risks and opportunities

“Bring Your Own Assets” functionality empowers Banks to better understand environmental risks and opportunities

BYO (Bring Your Own) is not just a party invitation detail anymore
Financial Service Groups Back Biden’s Environmental Justice Drive

Financial Service Groups Back Biden’s Environmental Justice Drive

The National Bankers Association and others support plans to relieve the effects of climate change on low-income households and minorities
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