Archive

  • Japan's largest banks hit by shareholder climate action

    12 April 2023

    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.

  • Banks under fire for funding that threatens biodiversity

    28 October 2020

    The world's largest banks have been named and shamed for continuing to fund activities that threaten the biodiversity of the planet.

  • Norwegian oil fund continues ESG engagement ahead of renewables push

    18 August 2020

    The manager of the giant Norwegian sovereign wealth fund reported it was continuing to engage heavily with firms on environmental, social and governance (ESG) issues, but was yet to get off-the-mark in its renewable energy investments.

  • Major European banks provided large-scale financial support to coal industry

    15 July 2020

    European banks including Barclays, BNP Paribas and Societe Generale loaned billions of euros to coal companies across the EU in 2019, according to a report.

  • Third of investor votes back Mizuho Financial climate resolution

    25 June 2020

    More than a third of Mizuho Financial investors backed a ground-breaking shareholder resolution urging the Japanese bank to disclose its climate risks and publish a plan to align investments with the Paris Agreement.

  • Investor support for Mizuho Financial climate resolution grows

    23 June 2020

    Mizuho Financial faces growing pressure as more investors back a shareholder resolution calling on the bank to disclose its climate risks and publish a plan to align investments to the Paris Agreement.

  • Siemens Gamesa inks medical research supporting bank guarantee

    19 May 2020

    Wind turbine maker Siemens Gamesa signed an innovative €600 million bank guarantee line to cover the component construction for the world's largest offshore wind farm, with the premium on the deal used to finance a cancer research project.

  • Telenor signs €2bn sustainability-linked debt facility

    17 April 2020

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

  • Stimulus packages could give 'green lining' to coronavirus cloud

    23 March 2020

    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.