Are investors ‘playing both sides’ by not forming exit strategies from fossil fuels?
‘It’s easier to continue business as usual with insufficient pressure from regulators and shareholders’
fossil fuel
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Institutional investors hold $4.3trn in fossil fuel investments ‘locking us into a high-carbon future’
The world’s four biggest investors in fossil fuels are Vanguard, BlackRock, State Street and Capital Group
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Investor accuses Barclays of greenwashing for calling billions in fossil fuel funding ‘sustainable finance’
Comes as 2024 Banking on Climate Chaos report shows Barclays increased fossil fuel spending in 2023
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Abrdn AGM disrupted by climate change protesters
Demanding the asset manager end investment in fossil fuels
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Largest passive managers ‘turning a blind eye’ to climate impact
Reclaim Finance research shows large exposure to fossil fuel expansion
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Investors told to vote down fossil fuel directors
Companies making almost no progress on transition despite climate emergency
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Banks face penalties and legal action over fossil fuel funding
Dutch banking group ING has become the latest to come under threat of legal action over fossil fuel investment
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Pressure on COP28 president to deliver 1.5C plan ramped up by coalition of 800 leaders
Companies, academia and public figures write to Sultan Al Jaber stating key outcomes needed because ‘later it too late’
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COP28: Renewable energy commitments are ‘massive tailwind’ for sustainable investments
EQ Investors’ Louisiana Salge is pleased to see some scaling up of renewable energy but adds ‘we are nowhere near where we need to be’
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COP28: Food system declaration is ‘absolutely critical’
Lombard Odier’s Thomas Hohne-Sparborth welcomes the pledges around food systems as he gives his insights from Dubai
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SDR and green taxonomy updates: Takeaways from UKSIF summit
Baroness Vere announces transition plan disclosure consultation and panels discuss COP28 and regulation
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‘Talk to us’: Youth groups and climate activists’ messages to finance industry
Ahead of COP28 Holly Downes speaks to campaigners calling for fossil fuel divestment and financial system rethinks