Tag: Handelsbanken

UK universities identify British banks and building societies that do not support fossil fuel expansion

Stuart Mitchell

Seven leading UK financial institutions that do not contribute to financing fossil fuel expansion have been identified as a panel suitable to hold billions in deposits for 83 British higher education institutions. The Co-operative Bank, Coventry Building Society, Handelsbanken, Leeds Building Society, Skipton Building Society, Unity Trust Bank and Yorkshire Building Society have all met the strict fossil fuel-related criteria necessary to be accepted as part of the consortium. The initiative was instigated and co-ordinated by the University of Cambridge Banking Engagement Forum (BEF) alongside collaborators at 81 Higher Education…

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Bankers for NetZero confirms commitment of five banks

Stuart Mitchell

Bankers for NetZero, the initiative that aims to find positive solutions for accelerating progress towards a net zero world, has today confirmed the commitment of five banks that will play a proactive role in financing a green recovery and net zero transition across the entire UK economy. By collaborating across business, finance and government, the initiative will explore how the banking sector can help de-risk the net zero transition and work with other stakeholders to ensure policy, regulation and finance are all playing their part in enabling key industries of…

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