Banking on climate chaos: Fossil fuel finance series
The “Banking on Climate Chaos” benchmark report examines global banks’ financing of fossil fuel companies, highlighting trends and policy shifts impacting climate goals. This series offers critical insights into financial institutions’ roles in supporting fossil fuel expansion and their climate commitments.
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OVERVIEW
The “Banking on Climate Chaos” benchmark report series, initiated in 2010, examines the role of global banks in financing fossil fuel companies. It provides detailed analyses of financial institutions’ funding patterns and policy shifts concerning fossil fuel expansion and climate commitments.
The methodology involves a comprehensive review of banks’ annual reports, financial disclosures, and publicly available data. The series employs league tables to rank banks based on their fossil fuel financing and policy adherence. It also incorporates qualitative assessments of banks’ environmental policies and their alignment with international climate goals.
The purpose of this benchmark series is to hold financial institutions accountable for their contributions to climate change and to encourage more sustainable financing practices. It aims to provide transparency and insights into how banks’ investment decisions impact global climate efforts.
Finance professionals can use this series to evaluate banks’ environmental policies, assess risks associated with fossil fuel financing, and make informed decisions about sustainable investment opportunities. This resource supports the integration of climate considerations into financial risk management and strategic planning.
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RELATED TAGS
- banking and fossil fuels
- benchmark
- case studies
- climate change
- climate policy
- corporate ESG management
- energy transition
- environmental impact
- ESG integration
- financial institutions
- fossil fuel financing
- greenhouse gas emissions
- human rights violations
- Indigenous rights
- just transition
- renewable energy
- sustainable finance