Big banks' big footprint: UK financial institutions responsible for double UK's annual carbon emissions, report warns

clock • 4 min read

Green campaigners warn City of London would be ninth biggest emitter of CO2 in world if it was a country in fresh analysis of financial sector's environmental impact

UK banks and investors are responsible for almost double the UK's net annual carbon emissions, a damning new report by WWF and Greenpeace has found. The analysis argues that based on the carbon footprint...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

'No longer a niche climate solution': Governance gaps holding back 'blue carbon' tide

'No longer a niche climate solution': Governance gaps holding back 'blue carbon' tide

Analysis of 20 countries across Africa, Asia, and Latin America and the Caribbean explores financial potential for 'blue carbon' projects

Stuart Stone
clock 09 December 2025 • 3 min read
Barclays and Sustainable Ventures launch climate tech start-up accelerator programme

Barclays and Sustainable Ventures launch climate tech start-up accelerator programme

Over 80 climate tech start-ups across the UK have already applied to the newly-launched accelerator programme

clock 05 December 2025 • 2 min read
'Already a major growth engine': Green economy expected to exceed $7tr in annual value by 2030

'Already a major growth engine': Green economy expected to exceed $7tr in annual value by 2030

Global sales of green products and services growing twice as fast as conventional revenue streams, according to new World Economic Forum analysis

Stuart Stone
clock 03 December 2025 • 4 min read