/sustainable

News and resources on ESG data and technology, Impact Investing and Sustainable Finance initiatives and best practices.

Discussion
Bank failure to manage climate risks poses threat of extinction
A Finextra Member

A Finextra member

  Add the costs of getting to net zero for Europe to the costs the banks will shoulder to move their portfolios to a compliant status, and the costs of building all the renewables, and the costs of installing all the EV chargers and the increased cost of insurance for EV's for Write off for battery damage accidents (that ICE drivers will be picking up as well as EV drivers) and the loss of income when the sun dont shine, or the wind dont blow, and the cost of mothballing Nuclear and burning Lignite in Germany, and you have a real Enviroshambles going on!  Especially as the developing world will want their bite of the carbon pie (see French Guiana and Suriname for details).... We are exporting our carbon production to China, India, Thailand etc..... Bring on Hydrogen and Toyota's new engine please!  Bankers wont get us out of this, Scientists will!   Banks should fund science!
Bank failure to manage climate risks poses threat of extinction
A Finextra Member

A Finextra member

  Europe has less than 10% of the world population (and the UK has less than 1% of the world population). Until China, India, the United States, Indonesia, Bangladesh & Pakistan (50% of the world population) agree to reduce their polution emmisions, Europe is urinating in the wind.
How sustainable is payment by cash?
A Finextra Member

A Finextra member

  Its an ESG headline - A tale told by an Ixxxt, full of sound and fury, signifying nothing,  W Shakespeare esq 
How sustainable is payment by cash?
A Finextra Member

A Finextra member

  This is absurd - meaningless, unverifiable and unactionable. The world has lost its way when institutions of state commission and publish such banal work as if though it is useful analysis. What next - how about the equivalent distance travelled by car (electric, diesel or gas?) for a person's carbon consumption in generating the total taxes they pay in the EU?
Scott Hamilton

What are the top COP28 takeaways for banks – thus far?

Scott Hamilton - Contributing Editor, Finextra