Industry News: ESG

Top Banks Failed to Disclose Finance Shares Directed to Climate Solutions

Written by ESG | 6-Nov-2023 2:07:24 PM

2023-10-31

Mint: Financial institutions are underestimating the most significant climate-related risks –with a potential financial impact of $1 trillion. Out of the 26 biggest banks in the world, none have disclosed the total share of finance directed towards climate solutions in their most recent year of reporting, according to a study of Transition Pathway Initiative Global Climate Transition Centre (TPI Centre). 

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