This study investigates the underlying reasons for banks' continued support of fossil fuel-based firms and examines the role of public guaranteed loans (PGLs) in redirecting resources towards greener economic activities, thereby facilitating the climate transition process. Using a unique...

Global banks play intermediary and even direct roles in achievement of the UN Sustainable Development Goals (SDGs). However, developmental progress is complex to measure due to siloed, varied and even non-transparent, ambiguous, non-standardized ways of calibration and reporting. This research...

This article proposes a new framework to analyse greenwashing practices of companies. In order to build this framework, we first analyse the main results and the main shortcomings of sustainable finance, and notably the ESG analysis blindspots, as ESG depends too much on corporate disclosure....

In two survey experiments (n=1,669 and n=3,186), we address the question whether people put their pension savings on the table to promote sustainability. First, pension fund members get a real vote on the fund's engagement strategy. A majority of members (67.9%) votes for increased and...

Australia’s financial sector entered the COVID-19 crisis in a strong position, enabling it to play a key role in cushioning the pandemic’s impact. Once the national economy reopens, policymakers will turn their focus to securing a robust, sustainable and inclusive recovery. However, low...

This study investigates the underlying reasons for banks' continued support of fossil fuel-based firms and examines the role of Public-Guaranteed Loans (PGLs) in redirecting resources towards greener economic activities, thereby facilitating the climate transition process. Using a unique...