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Capital Flows, Financials, Sector Focus

Financial service coal divestment policies double over three years

By Alex Janiaud

May 9, 2023
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 ...

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