BNP Paribas accelerates 'complete coal exit' plan

James S Murray
clock • 2 min read

Banking giant pulls forward target to end the use of coal by its electricity-producing customers to the end of 2030

BNP Paribas yesterday announced a further strengthening of its coal divestment strategy, pulling forward the target date for ending the use of coal power by its electricity generating customers in multiple...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Investment

UK Infrastructure Bank makes first green hydrogen investment

UK Infrastructure Bank makes first green hydrogen investment

Public investment bank announces £30m of funding for hydrogen power unit maker GeoPura

Cecilia Keating
clock 22 February 2024 • 2 min read
Schroders launches global equity impact fund

Schroders launches global equity impact fund

New fund to target companies focused on solving societal and environmental challenges

Damisola Sulaiman, Investment Week
clock 21 February 2024 • 1 min read
Study: Majority of UK pension providers have 'inadequate' climate plans

Study: Majority of UK pension providers have 'inadequate' climate plans

Make My Money Matter campaign claims just three UK pensions providers have 'adequate' climate plans in place

Martin Richmond
clock 21 February 2024 • 3 min read