Finance

It hopes to cut business travel emissions by 35% by 2025 against a 2019 baseline, as well as reduce overall office electricity usage and procure 100% renewable energy by this time

The Environmental Audit Committee says the bank’s corporate bond purchases are currently aligned with a ‘catastrophic’ 3.5°C temperature rise by 2100

Solar and wind received the bulk of renewable investments globally, according to a new report

However, the bank will continue to support companies that source up to 10% of their turnover from ultra-polluting tar sands, fracking and fossil fuel exploration in the Arctic

The average pension member in the UK currently finances around 23 tonnes of annual carbon emissions through their investments alone

Asset-level or general corporate financing will be prohibited for new thermal coal mines and coal-fired power plants, as well as expansions of the projects

The company has committed to reducing gas consumption for heating, which accounted for 94% of TSB’s remaining Scope 1 and Scope 2 emissions in 2020

Portfolio Earth says yes – it calls for global banks to stop financing businesses in the plastic supply chain unless they can demonstrate best practice in environmental behaviours

Nearly seven-in-ten customers are likely to choose banks with positive social and environmental impacts, according to a new report

A new study shows that in some of Britain’s poorest regions, more than two-in-five jobs are in a high-emitting industry