‘Climate First Bank’ is a community bank launching in Tampa later this year, based explicitly on Project Drawdown‘s plan to reverse climate change. By this they mean “Every decision and…
After nearly a century of listing on the Dow Jones Industrial Average, Exxon Mobil was removed from the index. There is now only one oil company listed on the index…
India has cancelled plans for 13.7 gigawatts of coal-fired power supply, roughly equivalent to the UK’s entire coal-fired power generation. Analyst Tim Buckley explained that, “For the first time solar is…
After selling its remaining conventional energy generation business to power company Drax, Scottish Power will become the first major energy provider in the UK to supply 100% wind energy. The…
A new report by the “Global Fossil Fuel Divestment and Clean Energy Investment Movement” compiled by Araba Advisors has found that close to 1000 institutional investors with $6.24 trillion in…
Citigroup has canceled its loans to Indofood Agri Resources and its subsidiaries. Citigroup is exiting its overall relationship with Indofood other than specific financial relationships not related to palm oil…
Legal and General, a UK-based asset management firm that manages over $1.2 trillion in assets, will pull its investment from all companies who it perceives as failing to act on climate change….
In recent years Wall Street firms have come ‘under fire’ for investing retirement and pension funds in companies like American Outdoor Brands, which makes the rifle responsible for the Parkland…
The University of Edinburgh announced that it is divesting from fossil fuels, making them the largest UK university endowment fund to be free of coal, oil and gas holdings. Prior to…
The World Bank has announced that it will cease financial support for oil and gas extraction in response to the increasing threat of climate change. The Bank announced that it…
Ireland has voted to become the first country to fully divest all public money from fossil fuels. The Irish Parliament passed the legislation with 90 to 53 in favour of…
Lloyds of London, the world’s oldest insurance market, has announced their plans to stop investing in coal. It will begin to exclude coal from its investment strategy from 1st April…
