Finance industry's climate promises leave plenty of room for oil and gas

📆 23/03/2022 03:01:00
📰 STForeignDesk

⏱ Reading Time:
25 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 71%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

SAN FRANCISCO - Fewer than half of 150 major financial institutions have restricted their business with the oil-and-gas sector, even though many of them have made high-profile pledges to reduce their

contribution to climate change, according to new research by the Paris-based nonprofit Reclaim Finance.

More than half of the companies-including 20 of the GFANZ members-have no policies governing their oil-and-gas business. Among the companies with policies in place, the most popular restrictions are bans on several kinds of unconventional oil. More than a third of the firms limit Arctic and oil-sands work, with fewer prohibitions on shale and ultra-deepwater oil.

Just five companies, all banks, have quit or limited financing oil and gas expansion, according to the research.

Escrever Comentário

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

S'pore, Indonesia ink climate change partnership to pursue goals, including green finance
Fonte: straits_times - 🏆 5. / 69 Consulte Mais informação »