Capital Flows, Financials, Sector Focus

Financial service coal divestment policies double over three years

Coal terminal
There are 114 financial institutions in Europe that have clear coal divestment policies (Photo: Andy Shaw/Bloomberg News)

With the number of financial institutions divesting from coal doubling between mid 2019 and the end of 2022, think-tank IEEFA says it is European companies that are leading the way.

The number of financial institutions that have pledged to divest from coal has surpassed 200, according to the Institute for ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.
  • The Sustainable Views Policy Tracker - deep insight on ESG regulations and deadlines.

Read Next:

Oil exploration platform rig
Knowledge Hub, Policy & Regulation
December 1, 2023

Petrostates set to lose over half their revenue streams from energy transition

Petrostates whose revenue is dependent on oil and gas must diversify their economies, Carbon Tracker warns, as leaders at COP28 are being urged by certain countries, progressive businesses and civil...
Read more