NatWest Group has exceeded its £20bn sustainable funding and financing target for 2021 six months early, today revealing it has delivered £9.5bn in green funding over the past six months.
The release of the bank’s first half-year disclosure on climate, environmental, social, and governance (ESG), and purpose targets confirmed the group exceeded its target to mobilise £20bn in sustainable financing in 2020/21 well ahead of schedule, while also reducing its lending to sectors with high climate-related risk impacts by £600m.
The bank has pledged to support its customers’ decarbonisation journeys through sustainable funding and financing and committed to make its financed emissions …
