Shareholders ramp up pressure on HSBC to cut fossil fuel exposure
‘Five years after the Paris agreement was signed, it continues to pour billions into the coal sector’
Coal
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Japan to balance offshore wind with ‘clean coal’
As domestic business lobbies push for renewable energy
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Mizuho bows to pressure over its coal financing
Japanese bank was hit with climate resolution by environmental non-profit organisation
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Japanese and European banks top coal lenders list
Mizuho, Mitsubishi UFJ Finanial Group, Citigroup and BNP Paribas lead financiers
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Candriam bans ‘controversial’ stocks across all assets
Exclusion will include thermal coal, tobacco, chemical, biological and white phosphorus weapons.
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Generali to invest €3.5bn into ‘green’ sectors
Italy’s Generali Group is to increase investments in “green” sectors by €3.5bn by 2020, mainly by ploughing money into bonds that finance environmentally beneficial projects and investing directly in cleaner infrastructure.