Big Banks and Asset Managers Abandon the Goal of Net Zero Carbon …
Jan 22, 2025 · Major US financial institutions, including BlackRock and JP Morgan, have withdrawn from key climate initiatives, highlighting how partisan opposition has undermined …
Banking on Green: Wall Street's Race to Power a $1 ... - Carbon …
Jan 4, 2024 · At COP28 in Dubai, banks like Goldman Sachs, Citigroup, JPMorgan Chase, and Barclays are gearing up for a surge in carbon offset deals. They aim to finance carbon …
The climate indicator banks are facing rising pressure to report
Mar 23, 2025 · As hostility toward climate action ramps up in the U.S., sustainability-focused investors are pressing the banks to more clearly show how they’re making progress
The largest U.S. banks, as stewards of the global economy and significant financiers of fossil fuel projects, have a crucial role to play in supporting a just transition to a decarbonized economy.
Banks reverse course, increase fossil fuel investments in 2024: report
Jun 18, 2025 · The world’s largest banks increased fossil fuel financing by $162.5 billion year-over-year in 2024, reversing course on decreasing investments in the sector — a trend they …
Lloyds Sets Up Team of Bankers to Focus on CO2, Nature Credits
May 20, 2025 · The move shows major banks are still interested in the voluntary carbon market, despite recent greenwashing scandals and a decline in the market, with demand for carbon …
Rise of carbon offsets | Deloitte Insights
Jul 26, 2023 · Financial firms will assume a critical role in empowering consumers to purchase carbon offsets, thereby enabling them to actively contribute to the fight against climate change.
Banks' Business Travel Emissions Climb amid Net-Zero Pact Exit
Jan 17, 2025 · Business travel emissions have risen at the major U.S. banks that recently quit global net-zero banking alliances – though many are still down from pre-Covid levels.
Banking - NetZERO | GCC Carbon Offset Solutions
By taking measures to offset or reduce their emissions, banking are playing a crucial role in combating climate change. This action helps enhance the banking reputation and attract …
Carbon Markets | Evolution & Implications for Financial Institutions
Explore the evolution of carbon markets, their impact on emissions, and the role of financial institutions in trading and sustainability.