Gustavo Bernal Torres
Global Banks Set Climate Targets for Loans and Investments
Global banks and insurance companies move closer to climate targets for loans and investments-
Fifty-five firms including HSBC Holdings Plc, Societe Generale SA, BNP Paribas SA and others committed to the Science Based Targets initiative.
The SBTi is a consortium that developed a framework to help companies figure out how they should change their operations to align with the 2015 Paris climate agreement.