Archive

Deutsche Bank sets 'ambitious' sustainability targets

Deutsche Bank outlined targets which will see the German lender boost sustainability assets to over €200 billion ($217 billion) by 2025 and issue its first green bond.

A fifth of Barclays investors back fossil fuel financing phase out

More than a fifth of investors in Barclays backed a shareholder resolution urging the FTSE 100-listed lender to outline a plan to phase out its financing for fossil fuel firms.

LAPFF backs climate resolutions at Barclays

M&G and EOS support Barclays fossil fuel funding resolution

M&G Investments and EOS have confirmed they will support a shareholder resolution calling on Barclays to phase out its funding for fossil fuel firms, but Norway's sovereign wealth fund will not be supporting it.

Barclays' new targets won't cause pension funds to drop climate resolution

Two UK local government pension funds announced they will vote in favour of Barclays' proposed net-zero emissions ambition resolution, but will still back a climate resolution pressuring the lender to strengthen its commitments.

Telenor signs €2bn sustainability-linked debt facility

Telenor has signed a €2 billion ($2.2 billion) sustainability-linked revolving credit facility (RCF) to refinance an existing credit facility.

Total faces shareholder resolution to reduce carbon emissions

A group of 11 investors have filed a shareholder resolution at Total, calling on the oil major to set carbon emission reduction targets in line with the Paris Agreement.

Barclays tightens climate policy amid shareholder pressure

Barclays has announced an ambition to be net-zero carbon emissions by 2050 across its lending activities, but campaigners are pushing for commitments to faster progress.

Winners revealed in Environmental Finance's Bond Awards 2020

Environmental Finance's Bond Awards were expanded again this year to reflect the growth and evolution of the green, social and sustainability (GSS) bond markets and to include the nascent GSS loan market.

Stimulus packages could give 'green lining' to coronavirus cloud

Governments have an opportunity to use their significant fiscal responses to the coronavirus pandemic to help rather than hinder long-term progress on climate action. Ahren Lester explains.