Archive

ING hit by climate-related legal threat by NGO behind Shell court case

ING has been threatened with legal action by an NGO if the bank does not commit within the next two months to halve its absolute greenhouse gas emissions by 2030.

Japan's largest banks hit by shareholder climate action

Japan's six largest banks and energy companies have been hit by shareholder calls to disclose decarbonisation plans, over concerns that fossil fuel expansion will result in stranded assets.

BNP Paribas sued over fossil fuel funding, in 'first of many' banking lawsuits

Three French NGOs are taking BNP Paribas to court, in a "historic" lawsuit alleging that it has avoided legal obligations to stop financing the expansion of fossil fuels.

Court orders UK to publish more detailed 'net zero' strategy

The UK High Court has ordered the UK government to provide a "fresh" report on its 2050 'net zero' strategy, in a 'landmark' ruling which judged not enough information was provided to ascertain whether interim targets would be met.

Activists file climate resolutions at Japanese companies

Activists behind Shell court order focus on financial firms

One of the activist organisations behind the successful climate court case against Royal Dutch Shell have called for 29 other companies including several financial firms to reduce their emissions.

Export credit agencies, governments could face fossil fuel financing legal challenge

Export credit agencies (ECAs) and the governments that control them could face legal action if they do not take action to reduce the level of fossil fuel-related financing they undertake, according to a legal opinion provided by two lawyers.

German court backs 'globally remarkable' climate law complaint

The German Federal Constitutional Court has decided that the 2019 climate change act violated the freedoms of the young complainants by offloading the majority of the carbon emissions reductions to after 2030, in a decision described as "globally remarkable new standard for climate protection as a human right"

UK government launches voluntary carbon offset working group

The UK government has launched a working group seeking to make the country a global market for "high quality voluntary carbon offsets," in a move described by campaigners as a backward step on climate action.

NGOs criticise BlackRock relationship with agribusiness

Environmental advocates Amazon Watch and Friends of the Earth have criticised BlackRock following a statement by the world's largest asset manager on its relationship with agribusiness.