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Sustainability pays off

Report: Europe's biggest banks failing to end coal financing despite net-zero climate pledges

September 2021
08
Author: Brose
Company: Verband Deutscher Maschinen- und Anlagenbau e.V.
Report: Europe's biggest banks failing to end coal financing despite net-zero climate pledges

An analysis of how 25 of Europe's largest banks are acting on climate issues has found that fewer than half have committed to ending financing for coal activities. While 20 of the 25 banks have set a long-term net-zero target that covers financed emissions, the report raises cause for concern about whether adequate plans have been drawn up for meeting them. Find more informatione here ...

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