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Is the financial sector really moving away from fossil fuels?

Energy Transition

Is the financial sector really moving away from fossil fuels?

“The reality is that the economics are not in favour of more oil and gas production."

21 August 2025

Global Plastics Treaty collapse: ‘fragmented’ transition ahead

Plastic Pollution

Global Plastics Treaty collapse: ‘fragmented’ transition ahead

“The downstream effects will be felt across the plastics value chain."

18 August 2025

Strong concerns over latest Global Plastics Treaty draft as negotiation deadline looms

Plastic Pollution

Strong concerns over latest Global Plastics Treaty draft as negotiation deadline looms

The voice of oil-producing nations can be felt throughout the new text, which will likely be rejected.

14 August 2025

Petrobras names new Chief Sustainability Officer

People & Culture

Petrobras names new Chief Sustainability Officer

Petrobras has shifted the gender composition of its executive leadership team with the new CSO.

15 July 2025

Bank financing to fossil fuels grows for the first time since 2021

Bank financing to fossil fuels grows for the first time since 2021

"Only rapid and robust binding government regulation and oversight can make banks change course."

20 June 2025

Brazil’s Petrobras on the hunt for next Chief Sustainability Officer

People & Culture

Brazil’s Petrobras on the hunt for next Chief Sustainability Officer

Mauricio Tolamsquim has left the company to join the board of Brazilian utility Eletrobras.

26 May 2025

US Senator presses Meta to justify plans to power new Louisiana data centre with gas

Data Centre Emissions

US Senator presses Meta to justify plans to power new Louisiana data centre with gas

“I worry that this quest for profits over climate safety is misleading the public on Meta’s progress toward achieving net zero emissions.”

19 May 2025

Existing technologies could avoid 70% of fossil fuel methane emissions – yet these continue to rise

Existing technologies could avoid 70% of fossil fuel methane emissions – yet these continue to rise

"The latest data indicates that implementation on methane has continued to fall short of ambitions.”

08 May 2025

BP eliminates top sustainability role, yielding to investor pressure

BP eliminates top sustainability role, yielding to investor pressure

BP’s profits experienced a record drop in the past year, posting just US$687 million in Q1 2025.

02 May 2025

HSBC investors demand renewed climate commitment after ‘deeply concerning signals’

Sustainable Finance

HSBC investors demand renewed climate commitment after ‘deeply concerning signals’

"If the bank fails to do so it should not expect shareholders to remain silent."

02 May 2025