Banks
Focus banks
China CITIC Bank
CITIC’s steel decarbonization framework fails to explicitly exclude financing for all five “false solutions” identified in BankTrack’s False Solutions Report, including biomass, CCUS, and carbon offsetting.
NatWest Group
NatWest’s annual report was published in February, and was accompanied by policy changes that ShareAction said amounted to "tearing up oil and gas financing restrictions".
Raiffeisen Bank International
RBI is under new leadership. Cultural organisations being sponsored by the bank risk whitewashing a major enabler of the war on Ukraine, argues this new BankTrack blog.
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