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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Net-zero commitments may have ricocheted across banking sector over the last 18 months, but big banks' attestations of climate concern did not stop many from expanding financing for the world's top fossil fuel firms during the pandemic year.

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Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement

GreenBiz

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement. As fossil fuel companies' social license to operate becomes increasingly frayed, more industries in their orbit are getting entangled in the reputational quagmire that is now part and parcel of any activity that exacerbates the climate crisis.

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ESG investments: Exponential potential or surfing one wave?

GreenBiz

ESG investments: Exponential potential or surfing one wave? About 77 percent of ESG funds that existed 10 years ago are presently available, whereas only 46 percent of traditional investment vehicles maintain that survivorship. A declining investment rationale for fossil fuels. Mon, 09/21/2020 - 00:30.

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Are lawyers and accountants doing enough on climate change?

GreenBiz

supported $1.316 trillion in transactions for the fossil fuel industry. received $37 million in compensation for fossil fuel industry lobbying. Climate lobbying" in the report is defined as efforts "to delay, control or block policies to tackle climate change.". Policy & Politics. Follow the money, indeed.

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GB News Owner’s Hedge Fund Has $2.2 Billion Fossil Fuel Investments

DeSmogBlog

Paul Marshall is the chairman and chief investment officer of Marshall Wace, a London-based hedge fund that he co-founded in 1997. Marshall Wace is now one of the world’s largest hedge funds – an investment vehicle that bets on rising and falling share prices – with around $63 billion (£51.9 billion) in fossil fuel firms.

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Stop Greenwashing Skiing: Norway Must Drop Equinor Sponsorship and Lead on Climate

DeSmogBlog

This event is more than a celebration of sport it is a global stage where the country can either reinforce its role as Europe’s biggest fossil fuel producer or rise to the occasion and lead a just transition away from oil, gas and goal production. This is not climate leadership. It is greenwashing. And it must stop.

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New ADEPT president launches climate change policy position

Envirotec Magazine

Mark Kemp, the new President of the Association of Directors of Environment, Economy, Planning & Transport (ADEPT), has launched the group’s new Climate Change and Green Growth policy position. Climate change and green growth must be the key drivers across these policy areas.