Archive

  • Santander criticised for investments in Polish coal expansion

    17 October 2019

    Spanish banking giant Santander has faced criticism for its investment in Polish state-run energy group PGE and Energa Group.

  • Equator Principles revision under fire from investors and NGOs

    28 August 2019

    A proposed revision of the Equator Principles does not go far enough in respecting the rights of indigenous peoples affected by major investment projects, according to more than 50 institutional investors.

  • Coal utilities boosted by €16bn since Paris Agreement, say NGOs

    21 May 2019

    Eight financial institutions have given Europe's 'most polluting utilities' almost €16 billion ($17 billion) in support since the Paris Agreement was signed in December 2015, a new briefing by NGO Europe Beyond Coal has found.

  • Barclays' energy policy backs tar sand projects with 'big money', say campaigners

    16 January 2019

    Barclays' revised energy policy has been criticised by environmental pressure groups as underwhelming in ambition, as it provides "big money" for tar sand projects.

  • HSBC is latest bank to withdraw from coal and tar sands

    20 April 2018

    HSBC pledged to stop lending to most coal-fired power stations and to stop financing oil from tar sands, but "missed the chance to join the green banking leaders", according to one NGO.

  • Equator Principles to get first overhaul since 2013

    07 November 2017

    The Equator Principles will be updated to align with the aims of the Paris Agreement and recommendations of the FSB's Task-Force on Climate-related Financial Disclosures (TCFD), it has been revealed.

  • Equator Principles' banks face calls for drastic revisions

    23 October 2017

    Bank signatories of the Equator Principles are under pressure from campaigners to agree to a major revision of the standards, as their annual meeting convenes in Sao Paulo.

  • Deutsche to stop financing for new coal projects

    01 February 2017

    Deutsche Bank has committed to not provide financing for new coal-fired power plants and new 'greenfield' thermal coal mines.

  • Green Climate Fund under pressure to shun HSBC and Credit Agricole

    30 October 2015

    Environmental NGOs have urged the UN's Green Climate Fund not to work with HSBC and Credit Agricole in order to "maintain its integrity".

  • Under scrutiny: green bond impact reporting

    01 July 2015

    Issuers' reports on the environmental impact of their green bonds range from a few paragraphs on hard-to-find webpages to 80-page documents. But, given the costs and assumptions involved, some question whether more is necessarily better. Graham Cooper reports