New database names companies blacklisted by global investors and banks

The Hague/San Francisco, Oct 2, 2023. A coalition of NGOs has launched the Financial Exclusion Tracker: a new website that tracks which companies are being excluded by investors and banks for sustainability reasons. Most excluded corporations are barred due to links to fossil fuels, weapons or tobacco. This public dataset is the first of its […]

Proposed conversion of former coal plant to biomass is a high risk for investors, new study shows

Portugal to decide on future of Pego power station by late February. The Pego power station in Portugal represents a high risk for investors and financiers, according to a “Dodgy Deal” briefing [1] published today by five environmental groups [2], who urged funders to steer clear of financing the proposed conversion from burning coal to […]

Investors to reconsider financing Dutch RWE’s biomass and coal plants because of climate impacts, say environmental groups

Amsterdam/ Berlin, 15 February 2021 — The environmental and climate NGO, the Environmental Paper Network, [1] and Dutch campaigners have asked international financiers of RWE to reconsider their investment in the energy company’s Dutch coal and biomass-burning power plants, in light of the serious impacts on the climate, people and on forests. The letter was […]

Two sides of the same coin: How the pulp and paper industry is profiting from deforestation in the Amazon rainforest

Agriculture and cattle ranching are the notorious drivers of deforestation in the Brazilian Amazon. But the cattle and soy industry are only one side of the coin, with pulp & paper companies refusing to carry the blame because they do not directly burn the land – other industries do that for them. In Brazil, pulp […]

Investors to reconsider financing Dutch RWE’s biomass and coal plants because of climate impacts, say environmental groups

Investors to reconsider financing Dutch RWE’s biomass and coal plants because of climate impacts, say environmental groups