report
Fossil fuels receiving over 9 times more finance than renewable energy from world’s top banks
The world’s 25 largest private sector banks channelled at least USD 931 billion into fossil fuel companies in the period 2009-2014, according to a new report launched today by Fair Finance Guide and BankTrack, while over the same period the banks’ financing of renewable energy totalled USD 98 billion. Alexandre Naulot, spokesperson at Fair Finance […]
New Resource Bank Releases First Sustainability Report
New Resource Bank (OTCBB: NWBN) is pleased to announce its 2013 sustainability report, Banking for the World We Want. The report, the bank’s first, covers 2012 data. It is available online here, and in print by request. “New Resource’s approach to banking is built on the belief that the money in our community can support […]
Japan utilities at risk unless they adapt to changed market forces
The value of Japan’s energy utilities, which slumped in the aftermath of the Fukushima nuclear disaster, will fall further if the companies continue to ignore major changes in market forces and regulations, a new Greenpeace report warns. The report ‘Beyond Nuclear: The triple challenge facing Japanese utilities’, identifies three main issues the industry faces: a […]
Out in the Cold – new report on Shell’s plans in the Arctic
Shell’s Annual General Meeting tomorrow is unlikely to go calmly. The company’s problems range from anger over excessive executive pay to spills in the Niger delta. At this time, Platform, Greenpeace and FairPensions are putting to scrutiny offshore Arctic exploration as a key direction in the company’s strategy. The new report ‘Out in the Cold […]
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