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Fossil fuel investment

'Don't bank on it': UK banks under fire for financing fossil fuel expansion

Investment

'Don't bank on it': UK banks under fire for financing fossil fuel expansion

Celebrity-led campaign from Make My Money Matter criticises high street banks' continued investment in fossil fuels

clock 25 January 2023 • 4 min read
Make My Money Matter: Campaign calls on high street banks to stop financing fossil fuels

Investment

Make My Money Matter: Campaign calls on high street banks to stop financing fossil fuels

HSBC, Barclays, Santander, NatWest, and Lloyds come under fire for continuing to fund fossil fuel expansion

clock 22 November 2022 • 4 min read
'Radical reinvention': Lloyds Banking Group vows to stop financing new oil and gas projects

Investment

'Radical reinvention': Lloyds Banking Group vows to stop financing new oil and gas projects

Campaigners hail move as setting 'a new standard for the UK banking industry'

clock 20 October 2022 • 3 min read

Investment

Study: Development banks are backing clean energy, but are struggling to kick fossil fuel habit

Analysis of investments made by nine of the world's biggest development banks has found that they spent four times more on clean energy than fossil fuels in 2020

clock 30 March 2021 • 3 min read

Investment

'From laggard to leader': Trinity College Cambridge to ditch fossil fuel investments in net zero drive

University of Cambridge college outlines net zero plan to ditch millions of pounds of direct and indirect investments in oil and gas

clock 22 February 2021 • 3 min read

Politics

Poll: British exporters 'overwhelmingly' back more climate action from UK Export Finance

It comes amid revelations UKEF is still considering support for a host of overseas fossil fuel projects, despite recent pledge from PM to put an end to such backing

clock 09 February 2021 • 5 min read

Energy

Stranded assets: Report warns US oil majors are lagging European rivals in clean energy transition

Latest study from Carbon Tracker shows that while US firms are particularly exposed, all oil and gas firms would face massive stranded asset risk in the event of a successful energy transition

clock 08 October 2020 • 4 min read

Energy

Fossil fuel giants falling short of 2C mark despite net zero pledges, investor group warns

The $22tr investment group claims oil and gas firms moving closer to aligning with 2C global warning, but that additional climate measures are needed

clock 06 October 2020 • 3 min read

Energy

'Stranded': Total writes down $8bn of fossil fuel assets

French oil giant concedes oil sands projects are becoming too expensive and warns that 'beyond 2030' peak oil demand beckons

clock 30 July 2020 • 4 min read

Investment

Could green finance reforms and Eurobonds help drive the coronavirus recovery?

Group led by Transport & Environment urges EU to prioritise green investment in coronavirus response, as new report slams scale of British banks' interest in fossil fuels

clock 23 April 2020 • 5 min read
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