Extinction Rebellion camp outside Barclays

The protestors claim the bank’s climate targets fall short of UN standards

Allianz brings forward net zero target by 20 years

It has now pledged to hit the milestone by 2030

Lloyds Bank appoints new Sustainability Director

The bank has stated this new role will be crucial in its new strategy to decarbonise finance and the economy

Taiwanese bank pledges to phase out coal by 2035

E.SUN FHC’s new policy addresses companies with more than 5% of their revenue from business activities in coal and unconventional oil and gas

BBVA launches carbon markets business

The division will help customers understand their carbon and track their climate ambitions

Credit Suisse to halve fossil fuel financing by 2030

This follows a 41% reduction in investments last year

NatWest provided £17.5bn in climate-friendly funding in 2021

It also reduced its lending to oil and gas companies by 21%

BBVA halves data centre carbon emissions with IBM tech

It has stated the use of the new technology for the next five years will reduce emissions by close to 500 tonnes

Truist Financial announces 2050 net zero target

It will continue reducing Scope 1 and 2 emissions from its operations, through investments in energy efficiency projects at corporate offices and bank branches

HSBC: ‘All clients must have a plan to exit coal by end-2023’

The bank intends to halve its thermal coal financing exposure by 2030