Archive

  • CNP Assurances ends direct investment in oil & gas

    17 February 2022

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

  • PFZW to divest up to €4.5bn of fossil fuel companies

    16 February 2022

    Dutch pension giant PFZW has said it will divest up to €4.5 billion ($5.1 billion) of assets in fossil fuel companies who fail to plan to decarbonise.

  • NZBA pumped $38bn into oil and gas since launch

    14 February 2022

    25 members of the Net Zero Banking Alliance (NZBA) have financed at least $38 billion of oil and gas funding since the group's launch under a year ago, according to pressure group ShareAction.

  • CA100+ investor welcomes BP's 'triple' net-zero target

    08 February 2022

    The investor leading engagement with oil and gas giant BP has cautiously welcomed the company's plans to reduce to 'net zero' the greenhouse gas emissions from sales of its products, as well as its operations and production.

  • BlackRock: Oil & gas holds transition opportunity

    03 February 2022

    US asset manager BlackRock says the oil and gas sector provides one of three key opportunities for investors...

  • Citi lays out initial net zero plan

    20 January 2022

    US banking giant Citigroup has laid out its initial net zero plan, including 2030 emissions targets for its energy and power loan portfolios.

  • Coal terminal developer issues 'ridiculous' sustainability-linked bond

    19 January 2022

    An Indian port operator developing a coal terminal has sparked controversy after it raised $400 million from its debut sustainability-linked bond.

  • Goldman Sachs: 'More nuanced' views on nuclear, gas after taxonomy inclusion

    17 January 2022

    The inclusion of nuclear and gas power in the EU Taxonomy is likely to result in "more nuanced views" by investors around exclusions, according to Goldman Sachs,...

  • Climate and social crises are top global threats for 2022

    11 January 2022

    Climate action failure, extreme weather and biodiversity loss are the top three global threats by severity, according to the World Economic Forum's (WEF) Global Risks Report 2022.

  • DNB reveals extent of Dutch financial institutions' carbon emissions

    11 January 2022

    Dutch financial institutions are estimated to have financed carbon emissions of at least 82 megatonnes (Mt) in 2019, according to analysis by the country's central bank.