French insurance companies to divest from German top utility RWE     

By |julij 23rd, 2018|Climate Change, COP24, divestment, insurance industry, News, Paris Agreement, sustainable finance|

Following the move by major European insurers Allianz, AXA, Generali and SCOR, the two French insurance companies Macif and AG2R La Mondiale will no longer invest in companies planning new coal-fired power plants. Germany’s top utility RWE is among the companies most affected by the new decision.

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World’s biggest sovereign wealth fund proposes ditching oil and gas holdings

By |november 17th, 2017|divestment, fossil fuels, News, Norway, oil and gas industry|

The Norwegian central bank, which runs the country’s sovereign wealth fund – the world’s biggest – has told its government it should dump its shares in oil and gas companies, in a move that could have significant consequences for the sector. EURACTIV's media partner The Guardian reports.

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‘Thou shalt not burn coal’: Catholic institutions abandon fossil fuels en masse

By |oktober 3rd, 2017|coal power, divestment, fossil fuels, News|

Forty Catholic institutions from across the world will pull money out of fossil fuels this week, in the biggest single divestment made by religious institutions, including banks, universities and even the Italian town where Saint Francis of Assisi was ...

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