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

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Nest updates voting policy to address reversal on climate commitments

Nest updates voting policy to address reversal on climate commitments

Master trust says it will vote against board chairs who have 'materially' scaled back climate policy

Martin Richmond
clock 13 March 2026 • 2 min read
Climate finance still treats women as a risk - but the real risk is continuing to overlook them

Climate finance still treats women as a risk - but the real risk is continuing to overlook them

Too often women are framed primarily as those most vulnerable to climate risk rather than as builders of climate resilience, writes Project Dandelion co-founder Ronda Carnegie

Ronda Carnegie, Project Dandelion
clock 13 March 2026 • 5 min read
Inter IKEA Group backs biomaterials innovator Seprify

Inter IKEA Group backs biomaterials innovator Seprify

Swiss start-up completes €13.4m funding round to support plans to replace titanium dioxide with bio-based and planet friendly alternative

clock 12 March 2026 • 2 min read