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Standard Bank criticised for fossil fuel financing - Vimarsana News

Standard Bank criticised for fossil fuel financing

Tuesday 15 December 2020 - 6:01pm Shareholder advocacy group Just Share has slammed Standard Bank's Fossil Fuels Financing Policy. The bank explains that it will only make funds available to clients who commit to reducing their greenhouse gas emissions. Courtesy #DStv403 JOHANNESBURG - Shareholder advocacy group Just Share has slammed Standard Bank's Fossil Fuels Financing Policy. It sets out how it will fund coal, oil and gas projects. The bank explains that it will only make funds available to clients who commit to reducing their greenhouse gas emissions.    ...

Source: enca.com
FirstRand exposes a vulnerability in South Africa's financial system - Vimarsana News

FirstRand exposes a vulnerability in South Africa's financial system

MONEYWEB app instead? FirstRand exposes a vulnerability in South Africa’s financial system The banking sector is seemingly being held hostage by a relative handful of people able to cope with its complexities. But there is at least one way around this. 00:01  Open: Open: The industry’s executive placement strategy leaves everyone else – from the banking public to shareholders, even the Reserve Bank – horribly exposed. Image: Dwayne Senior, Bloomberg It might be that, a few years down the track, FirstRand’s ‘Covid instrument’ proves not to be the most g...