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

📆 23/03/2022 14.01.00
📰 STForeignDesk

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

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

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.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

Tulis Komentar

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

S'pore, Indonesia ink climate change partnership to pursue goals, including green finance
Sumber: straits_times - 🏆 5. / 69 Baca lebih lajut »