Sector Focus
India’s renewables tendering fails to match its ambitions
While India is one of the world’s largest producers of renewable energy, its tendering process has slowed, and is at odds with government targets. India...
read more
February 23, 2023
UK public pension schemes urge oil companies to make ‘quality’ climate pledges
A group of local government pension schemes will vote against the chairs of oil producers failing to meet climate benchmarks and banks’ sustainability committee chairs...
read more
February 22, 2023
EU approves subsidies for ArcelorMittal’s ‘two-speed decarbonisation’
The decision to help the steelmaker to build green hydrogen-powered plants in Europe while it maintains coal-reliant production elsewhere has drawn criticism. The European Commission...
read more
February 22, 2023
UK parliament weighs adding climate assessment to banking regulator’s duties
The Prudential Regulation Authority would be asked to consider the impact of climate change on financial stability, and review institutions’ exposure to fossil fuels, under...
read more
EU Green Deal Industrial Plan: ‘We were expecting more’
Brussels’ proposals for green industrialisation lack detail and direction, say European businesses – especially compared to the hefty incentives offered by the US government and...
read more
February 13, 2023
Explainer: Where do the oil majors stand on the green transition?
Oil companies have come under fire after announcing record profits for 2022 and are facing intense scrutiny over their investments in renewable energy. Shell, BP...
read more
Continue reading
February 8, 2023
UK government sets up dedicated ‘Energy Security and Net Zero’ department
Prime minister Rishi Sunak breaks up the Department for Business, Energy and Industrial Strategy to re-establish a dedicated energy department as part of a cabinet reshuffle. The British government has...
Read more
February 7, 2023
IEA highlights supply chain risks for clean energy technologies
Report suggests governments must do their due diligence on ESG to avoid reputational damage to the clean energy sector, and guard against supply chain problems with critical resources. Governments’ policies...
Read more
February 6, 2023
Sovereign issuances to drive ESG bond market in 2023
New issuers continue to tap the market while overall ESG bonds held market share in 2022 despite tough year for fixed income. The momentum behind sovereign green bond issuance will...
Read more
February 6, 2023
Shell accused of misleading investors over renewable energy reporting
Non-profit Global Witness has asked the US SEC to examine whether Shell’s inclusion of natural gas within its renewable energy bracket is misleading to investors. Activist non-profit Global Witness has...
Read more
January 31, 2023
Enel to build Europe’s biggest solar PV plant in Sicily
Italian energy company is expanding to become Europe’s largest producer of solar panels. On the island of Sicily, at one of Europe’s southernmost points, plans are under way to bring...
Read more