Standard Chartered Pursues $1 Billion in Sustainability Income Amid Global Challenges
Standard Chartered is on track to generate nearly $1 billion in income from its sustainability-focused business initiatives by 2025, according to remarks made by CEO Bill Winters during the World Economic Forum in Davos. Speaking to executives, Winters emphasized the bank’s commitment to supporting its clients in meeting their sustainability goals and reaffirmed its dedication […]
In Energy-Reliant Canada, Banks and Investors face dilemma in meeting emissions target
Canadian banks’ commitments to “net-zero financed emissions” by 2050 have drawn doubts from many investors. Their growing funding for green projects also presents a dilemma for shareholders who might want to divest. Both the banks and their investors face the large Canadian quandary. Despite its being responsible for over a quarter of emissions, the lenders […]