Archive

Only 13 financial institutions plan to restrict oil expansion, says NGO

Allianz to halt investments in new oil and gas fields

And will require 'net-zero by 2050' commitment from hydrocarbon producers

GFANZ lamented for 'no clear signs it has achieved anything'

A group of civil society organisations has written to Michael Bloomberg and Mark Carney to demand the $138 trillion financial sector coalition they co-chair to step up its game, in a letter that complained the initiative had shown no signs that it has achieved anything.

Total hit by shareholder resolution - again

A group of 11 investors have filed a shareholder resolution at TotalEnergies ahead of its AGM on 25 May, urging the French oil supermajor to set and publish targets that are consistent with the Paris Climate Agreement.

Insurers begin long countdown to net zero - part two

Some of the world's biggest insurers have joined the Net-Zero Insurance Alliance. But should they still be underwriting fossil fuels, asks Thomas Cox

Insurers begin long countdown to net zero

Some of the world's biggest insurers have joined the Net Zero Insurance Alliance. What challenges have they confronted so far, asks Thomas Cox

CNP Assurances ends direct investment in oil & gas

CNP Assurances will no longer invest in new oil or fossil gas exploration or production projects,...

BlackRock's Fink lauds decarbonisation 'phoenixes' over divestment

BlackRock chief executive Larry Fink rejected sectoral divestment as a means to deliver a net-zero transition in his annual letter to fellow bosses...

Simplifying the CA100+ net-zero benchmark is 'laughable'

Criticism of the Net-Zero Company Benchmark developed by Climate Action 100+ (CA100+) being "too complicated" has been described as "laughable,"...

CA100+ net-zero benchmark is 'too complicated'

The Net-Zero Company Benchmark developed by Climate Action 100+ (CA100+) has potential to become an "essential tool" for investors, according to a climate finance campaigner, but currently suffers from being too complicated and lacking detailed requirements around current proof of alignment.