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3 Mins Read HSBC could soon be forced to reduce its exposure to fossil fuels next year, after its key investors tabled a shareholder vote urging the bank to end its reliance on climate-harming financing. The bank is one of the biggest financiers of fossil fuels in the world, and despite ongoing climate action pledges, it has stopped […]
3 Mins Read New data compiled by the United States-based Climate Accountability Institute and revealed by the Guardian confirms what many already know: at the core of the climate crisis is the fossil fuel industry. The crucial finding from the analysis is that 20 oil, gas and coal companies can be directly linked to over one third of […]
8 Mins Read From funding deforestation projects to giving loans to fossil fuel companies and keeping them insured, the banking & financial industry is underwriting global warming and it needs to stop. The solution? Divestment. While there is some progress in Europe and the US, banks in Asia are lagging behind badly. In an op-ed titled “Money Is […]