Media Briefing World Bank Assistance linked to new major oil investment in Brazil Washington D.C., Brasilia | June 15th, 2021 , Exxon and Equinor announce $8 billion investment in Brazil’s pre-salt oil fields World Bank provided assistance to market investments in Brazil’s pre-salt oil fields First field in the pre-salt area to be developed by international oil companies World Bank-proposed new Climate Change Action Plan fails to end Bank policy-based lending that drives new fossil fuel investments
Press Release Deutsche Bank - Sustainability rhetoric a fig leaf for continued fossil finance Frankfurt | May 26th, 2021 , Bank is a leading financier of global coal, oil and gas expansion ESG announcement lacks crucial steps to reduce bank’s fossil finance Bank will arrange IPO of German oil and gas company Wintershall DEA
Quote Deutsche Bank: „Understanding of sustainability stuck in the 90ies“ Frankfurt | May 20th, 2021 , One week ahead of its annual general meeting, Deutsche Bank has released a statement on ESG (environmental, social and governance) topics. Regine Richter, Finance Campaigner at Urgewald, commented on the bank's announcement.
Press Release Two days ahead of Uniper’s AGM, Dutch state asks German court to review legal basis for compensation claims Duesseldorf/The Hague | May 17th, 2021 , Uniper uses Energy Charter Treaty to stifle measures to combat climate crisis Energy utility’s fossil gas strategy incompatible with UN Climate Agreement Supply chain deals reveal weak Human Rights standards
Press Release Standard Chartered Europe’s biggest financier of coal plant developers, NGO research finds Berlin, London - May 11th, 2021 , UK bank channeled $10 bill to coal industry between Oct 2018 and Oct 2020 $5.3 bill of Standard Chartered’s coal finance went to coal plant developers Bank will only start significantly dropping coal clients in 2027
Press Release Allianz catching up on climate protection Berlin, Munich | May 3rd, 2021 , Coal exclusion rules tightened, RWE increasingly likely to be dropped Allianz catches up with competitors in oil sands exclusion A lot remains to be done regarding the general exclusion of oil and gas