Munich Re scales back oil and gas cover as climate campaigners up pressure on insurers
10-10-22 / by John Basquill
Climate campaigners have hailed a decision by the world’s largest reinsurer, Munich Re, to scale...Market Forces
Exclusive: Helvetia rules out involvement in controversial Adani coal mine
09-02-22 / by John Basquill
Switzerland’s Helvetia has become the latest insurer to rule out any future involvement in the...
HSBC and BMO join Bill Gates-backed decarbonisation programme
02-02-22 / by John Basquill
Banking giants HSBC and BMO Financial Group have announced plans to invest a total of...
Cop26: Climate finance progress made, but doubt lingers over big promises
10-11-21 / by Jacob Atkins
After almost two weeks of frantic activity in Glasgow, the 2021 UN Climate Change Conference...
Bank trio accused of financing major fossil fuel projects despite climate pledges
25-08-21 / by John Basquill
Climate activist group Market Forces has accused HSBC, Barclays and Standard Chartered of continuing to...
As banks flee coal, campaigners turn sights on gas
16-06-21 / by Jacob Atkins
Environmental campaign groups are switching their aim to public and private financing for natural gas...
HSBC panned by climate activists for fossil fuel financing
26-05-21 / by Jacob Atkins
Shareholder activist group Market Forces has taken aim at HSBC ahead of its annual general...
Asia Pacific gap in new climate banking alliance
28-04-21 / by Jacob Atkins
A coalition of banks last week committed themselves to achieving net zero greenhouse gas emissions...
Do Japanese banks’ project pipelines conflict with shift in coal policy?
29-08-18 / by Finbarr Bermingham
Despite suggesting they would restrict their funding for coal projects, the project pipelines of Japan’s...
Aussie banks accused of ignoring Paris Agreement
26-07-17 / by Finbarr Bermingham
Australia’s big four banks have been accused of “not operating in line with their commitments”...