Out of Office: Government climate targets won’t reach net-zero by 2050, Facebook fined £50m and Stripe buys Recko

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20th October, 2021
Out of Office: Government climate targets won’t reach net-zero by 2050, Facebook fined £50m and Stripe buys Recko
All the business news you might have missed in one place

Eurozone banks should be legally obliged to detail how they are to mitigate their exposure to the risks of climate change, a board member of the European Central Bank has said. Frank Elderson said banks should be mandated to tackle the risks of climate change or they may never enact their “lofty intentions”.

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