The bank said it aimed to save $300 million this year and reduce its cost base by $1.5 billion by the end of 2026. The plans would result in severance and other up-front costs of $1.8 billion over ...

The Net-Zero Banking Alliance is set to ask its members, which include HSBC and Barclays, to vote on whether to abandon a commitment to align their $54tn in assets with the Paris agreement’s goal of ...

Now it’s the turn of wind and solar to pick up the mantle. Both are expected to rise significantly under a net-zero or base case scenario. Around 90% of Brazil’s electricity generation in 2024 came ...