News / #divestment
Five new commitments were made by financial firms with over US$10 billion in assets, against 31 in 2021 and 35 in 2020. More Asian financiers are coming on board in recent years.
Policy & Finance
Asia investors expect more political pressure against ESG investing in the future: Survey
Despite being less affected than North American investors by the politicisation of ESG, more than half of Asia Pacific investors expect intensified political pressure against ESG investing in their domestic markets down the road, a Robeco survey found.
Policy & Finance
Standard Chartered to set absolute reduction targets for oil and gas lending in coming AGM: CSO
Exclusive
EXCLUSIVE: This revision – which comes as banks face increasing scrutiny over their fossil fuel decarbonisation targets – will better reflect the UK lender's progress in reducing financed emissions, as the long-used revenue-based carbon intensity model “can be very misleading,” StanChart's chief sustainability officer Marisa Drew told Eco-Business.
Policy & Finance
ADB responds to criticism of Cirebon 1 refinancing deal: Primary channel for grievance redress sits with coal plant operator
When asked if affected parties can file their complaints with an accountability mechanism it has in place, the Asian Development Bank said that people should first turn to a grievance redress channel that the Cirebon 1 operator has set up at the project level.
All #divestment News
18 January 2023
11 October 2022
15 July 2022
1 April 2022
Policy & Finance
Big banks failing to quit fossil fuel, despite climate pledges
29 January 2022
Policy & Finance
Philippine Catholic church to divest from fossil fuels by 2025
17 January 2022
1 November 2021
Carbon & Climate
Diversity in the boardroom drives climate action: study
21 October 2021
Carbon & Climate
Ayala Corp sets net zero target by 2050
15 September 2021
31 August 2021
17 August 2021
15 July 2021
13 July 2021
25 June 2021
28 May 2021
Carbon & Climate
A day of superlatives for climate advocates and big oil
7 May 2021
Policy & Finance
ADB announces coal exit in draft energy policy
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