Capital Flows, Financials, Sector Focus

Swiss banks finding loopholes to fund fossil fuel activity, says report

UBS’s Zurich headquarters. A report says the financial institution is set to emerge as a ‘fossil fuel financing giant’ (Photo by Fabrice Coffrini/AFP via Getty Images)

Study deems Swiss financial companies ‘complicit’ in funding fossil fuel growth, with UBS likely to become a European giant in the area following its acquisition of Credit Suisse. The Swiss finance industry has “not got the message” from the Paris Climate Agreement, a new report has found, while the recent ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.
  • The Sustainable Views Policy Tracker - deep insight on ESG regulations and deadlines.

Read Next:

No-till farming
Agriculture
October 2, 2023

Agriculture industry finalises regenerative farming metrics

Experts urge companies to prove claims are measurable, and not greenwashing
Read more