Tag: Natwest

NatWest Group joins Partnership for Carbon Accounting Financials

Stuart Mitchell

NatWest Group has become the first major UK bank to sign up to the Partnership for Carbon Accounting Financials (PCAF). PCAF is collaboration between financial institutions worldwide to enable harmonized assessments and disclosures of greenhouse gas emissions financed by loans and investments. With nearly 70 banks and investors from five continents, the group is rapidly expanding in North America, Latin America, Europe, Africa and Asia-Pacific. Katie Murray, Chief Financial Officer of NatWest Group, said: “We are determined to lead on the collaboration and cooperation that is so critical to tackling…

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The Prince’s Trust and NatWest launch £5million grant fund for young entrepreneurs affected by coronavirus

Stuart Mitchell

The Prince’s Trust and NatWest have today announced the launch of a £5million fund to help young entrepreneurs across the UK to keep their businesses afloat during the coronavirus crisis. The Prince’s Trust and NatWest Enterprise Relief Fund is available to entrepreneurs aged 18-30, who can apply for grants and tailored support from today. Grants can be used to maintain core business operations during the crisis, as well as meet any existing financial commitments, such as paying for essential equipment or settling invoices from suppliers. In conjunction with these grants,…

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NatWest and RBS matching customer donations to provide £5m to National Emergencies Trust

Stuart Mitchell

NatWest and Royal Bank of Scotland have announced a donation-matching programme of up to £5m for the National Emergencies Trust (NET) Coronavirus appeal, aimed at leveraging a further £5m of support from the public. The move will mean that from Friday 3rd April, donations to the NET made by Reward Account customers via their Reward account balance, will be topped up on a matched basis up to £5m until the end of June. Reward account customers accrue a balance of Rewards which are earned by holding two or more direct…

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NatWest surpasses sustainable energy target with £3.5bn of UK funding

Stuart Mitchell

NatWest has beaten its sustainable energy funding target, providing £3.5bn of lending to UK renewable energy and energy efficiency projects over the past three years. The bank, which set a three year target of £3bn in 2015, has now committed to funding £10bn to the sustainable energy sector by 2020 – helping to accelerate the transition to a low carbon economy. The bank supported nearly 1,500 transactions throughout 2015 to 2017. Lending to the solar sector made up the most significant section of support, accounting for 41% of the funding,…

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