Finance

The bank has joined the industry partnership, which is working to develop a common framework to assess the environmental footprint of financed emissions

Nest has also pledged to begin divesting from companies involved in thermal coal, oil sands and arctic drilling and be completely divested by 2025

The corporation aims to halve its direct and indirect emissions by 2030

Aceleron’s technology aims to reduce battery waste by developing lithium-ion batteries which can be reused

The bank has also announced the roll-out of a strict framework, which will assess the environmental and social risk of financing projects

The initiative enables financial institutions to assess and disclose greenhouse gas emissions of loans and investments

The organisation suggests ‘extremely strong demand’ saw more than 100 orders placed with global investors

In his new role, he will provide independent advice, guidance and challenge to senior executives and management, as well as inform the implementation and delivery of the bank’s sustainability targets

The bank donates 1% of the account’s revenue to climate non-profits at no cost for the customer

PKA has also pledged to stop investing in companies with a more than 20% reliance on fossil fuels