Industry News: ESG

Credit Suisse Aims to Nearly Halve Emissions Financing to Fossil Fuels by 2030

Written by ESG | 14-Mar-2022 3:11:00 PM

2022-03-10

U.S. News: Switzerland's second-biggest bank reduced its exposure to emissions it financed in the oil, gas and coal sector by 41% between 2020 and 2021, preliminary estimates in its sustainability report showed, when it had some $2.6 billion in loans outstanding to such clients.

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