Archive

Banks' fossil fuel commitments accelerate as pressure intensifies

Citi creates 'sustainability and corporate transitions' group

Citigroup's investment banking division has created a 'sustainability and corporate transitions' group.

Shell climate resolution support welcomed by green investor group

Support for a shareholder resolution demanding Anglo-Dutch oil supermajor Royal Dutch Shell set carbon intensity targets more than doubled compared with a similar resolution in 2018, but still failed to secure enough votes to pass.

$500m real estate green loan agreed in Singapore

Singaporean property manager GuocoLand has agreed a SGD730 million ($515 million) green loan for the construction of a residential and commercial development.

Zurich sustainability chief talks up climate drive post Covid-19

John Scott advocates fiscal stimulus funds be spent on pursuing a lower carbon economy

WEF warns of lack of climate action post-Covid-19

Underinvestment in climate initiatives after the crisis poses wide-scale threats

WCI Carbon Market Update, 19 May 2020

This week's auction of California Carbon Allowances is expected to see most of the supply go unsold, even though the December 2020 contract is now above the floor price, says Nicolas Girod*.

EU carbon market update: 19 May 2020

The short-term outlook for EU Allowances is bullish, but the price direction is largely in the hands of the power utilities, says Tom Lord*.

Siemens Gamesa inks medical research supporting bank guarantee

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.

Lessons from the Covid-19 crisis - Part one

In the first of this two-part series, Hervé Duteil draws on three sustainability foresights offered by the Covid-19 pandemic crisis. This article explores the future we want, the future we fear, and the future we create