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oil sands

Lloyd's of London promises to end investment in coal, oil sands, and Arctic exploration
Lloyd's of London promises to end investment in coal, oil sands, and Arctic exploration

Insurance giant sets out wide-ranging new sustainability strategy designed to curb investment in fossil fuel infrastructure, but campaigners argue faster timetable is required

  • Investment
  • 17 December 2020
Robeco to ban fossil fuel investments across all of its funds
Robeco to ban fossil fuel investments across all of its funds

Dutch asset managed intends to complete process of integrating new investment policy by the end of 2020

  • Investment
  • 28 September 2020
'Stranded': Total writes down $8bn of fossil fuel assets
'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

  • Energy
  • 30 July 2020
'Deeply disturbing': Just 35 banks have handed $2.7tr to fossil fuels since 2015, study finds
'Deeply disturbing': Just 35 banks have handed $2.7tr to fossil fuels since 2015, study finds

Major study backed by 250 NGOs and environmental organisations claims financing for fossil fuels has risen every year since the Paris Agreement was signed

  • Investment
  • 18 March 2020
Nordic insurance giant KLP divests from oil sands
Nordic insurance giant KLP divests from oil sands

Norway's largest pension fund announces the exclusion of five companies operating in oil sands from its portfolio

  • Investment
  • 07 October 2019
Signaling more independence from the US, the World Bank phases out its support for fossil fuels
Signaling more independence from the US, the World Bank phases out its support for fossil fuels

Jason Kirk from Elon University welcomes the World Bank's fossil fuel pledge, but points out its caveats

  • Investment
  • 18 January 2018
AXA boss warns a '+4C world is not insurable'
AXA boss warns a '+4C world is not insurable'

Insurance giant vows to quadruple green investments, as Dutch bank ING strengthens its policy on coal investments

  • Investment
  • 12 December 2017
Shell to offload Canadian oil sands for $7.25bn
Shell to offload Canadian oil sands for $7.25bn

Sale of oil sands interests will significantly curb its involvement in high-carbon extraction

  • Investment
  • 09 March 2017

Most read

Back two-way EV charging technology to slash costs and emissions, white paper urges
Back two-way EV charging technology to slash costs and emissions, white paper urges
Terra Carta: Prince of Wales launches green recovery charter for business
Terra Carta: Prince of Wales launches green recovery charter for business
Distilleries receive first phase of £10m green whisky fund
Distilleries receive first phase of £10m green whisky fund
Unilever and Alibaba launch 'world first' AI-powered closed-loop recycling system
Unilever and Alibaba launch 'world first' AI-powered closed-loop recycling system
'Environmentally regressive': UK government approves use of bee-harming pesticide banned in EU
'Environmentally regressive': UK government approves use of bee-harming pesticide banned in EU
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