Data is a key ESG enabler
Data and technology can play a crucial role in the transition towards more sustainable operating models, argues Roberta Marracino
Eni publishes 'first' sustainability-linked financing framework for oil sector
Italian oil supermajor Eni has published its sustainability-linked financing framework supporting its 2050 net-zero emissions goal, believed to be the 'first' such framework from the oil and gas sector.
EU 'brown' taxonomy proposals split financial sector
EU issues 'landmark' inaugural social bond to enormous demand
The EU has issued its maiden social bond to enormous investor demand, in what has been described a "landmark" issuance.
Storebrand excludes 27 firms as it tightens climate policy
Norwegian asset manager Storebrand has tightened its climate policy significantly, which will see it exclude 27 firms including oil majors Chevron and ExxonMobil, miner Rio Tinto and chemicals giant BASF.
UniCredit plans 2028 coal sector exit in updated policy
UniCredit has taken a harder line against thermal coal, pledging to stop financing its mining or burning entirely by 2028, as the exodus from the carbon-intensive fuel by global lenders continues.
Major European banks provided large-scale financial support to coal industry
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.