ESG in Banking
ING posts record half with US$78.8b in sustainable finance deals
ING posts record half with US$78.8b in sustainable finance deals
APAC made up 13% of all transaction volumes, behind the EMEA and Americas.
Singapore and China reaffirm green finance cooperation
They are advancing discussions on taxonomy criteria for transition activities.
Australia’s big four banks' fossil fuel exposure remain in billions
They are exposed to methane emissions, which they do not measure separately.
Krungsri and Schneider Electric promote energy efficiency in SMEs
They will develop advanced energy technologies alongside financial solutions in Thailand.
Banks ramped up fossil fuel financing in 2024
Amongst Asian banks, Mizuho Financial and Mitsubishi UFJ Financial are on top of the list.
SMFG to merge cloud service Sustana in business partner Asuene’s products
Sustana provides the Japanese bank’s clients calculations of GHG emissions.
Krungthai Bank links Thaoil’s FX hedging transactions to ESG
Thaioil can get discounts if it successfully meets its ESG goals.
Weekly Global News Wrap: Piraeus buys 90% of Ethniki Insurance; BBVA SA seeks double CIB revenue
And the world’s leading climate coalition seeks new members as it overhauls rules
Sumitomo Mitsui unveil Grantee Introduction Services
Customers will be connected to entities and institutions that support education.
Chinabank’s head office now powered by renewable energy
The shift to RE in two facilities reduces the bank’s indirect GG emissions by almost 20%
Banks urged to expand focus to transition finance for zero-carbon future
Up to a US$17t annual funding gap exists.
Siam Commercial Bank offers 0% interest solar panel installation packages
The package includes solar panels, inverter equipment, and installation.
Maybank rolls out green financial advisory service to SEA SMEs
Small and medium enterprises will receive funding to aid in their sustainability reporting.
Hong Kong unveils sustainable finance action agenda
Banks are required to achieve net zero in their operations by 2030.
ING disbursed $35.37b in sustainable finance in Q2
EMEA represents a bulk of ING's sustainable finance activities.
CIMB launches green loan for SMEs
They can receive rebates of up to 0.4% depending on their targets.
StanChart rolls out ESG-linked cash account in Hong Kong, SG
Clients are rewarded when they meet ESG-related targets.
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