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UK banks’ transition plans “not fit for purpose” – regulation needed
None of the 20 biggest UK and European banks has a credible transition plan to align its business with a 1.5°C aligned trajectory
Read the report here None of the 20 biggest UK and European banks has a credible transition plan to align its business with a 1.5°C aligned trajectory, according to new analysis by Reclaim Finance (1). Banks’ progress was measured across five themes, including their approach to decarbonization, engagement and governance, which have been identified as critical for driving forward the transition…
