📢@toxic_bonds exposes 30 of the worst #FossilFuel companies funding their expansion in the shadows of the #bond market.
These companies - like @TotalEnergies - have over half a trillion $ in bonds💸💣
Learn more about which banks are complicit⬇️
https://t.co/LrLVUpPiF0
A group of UK investors sent a letter to their asset managers asking for 3 concrete climate actions to be taken 💪
That's a strong message sent to asset managers such as @Schroders@abrdn_plc and @InsightInvestIM that still don't have robust coal policies 🏭
BREAKING: Leading universities and foundations urge investment managers to halt support for fossil fuel expansion❌🛢️
New fossil fuel projects are a climate disaster.
It's time asset managers acted to stop them.
Read all about our latest initiative 👇
https://t.co/UA6wtrytP2
🚨 @Citibank, @BankofAmerica, @Credit_Agricole, @SocieteGenerale & @natixis were spotted helping fossil fuel developer @Eni and its subsidiary Var Energi issue a toxic bond ☣️
Thanks to them (and this €600 million bond!), Eni will keep on aggravating the climate crisis💣🤡
Cette étude révèle que :
🇪🇺 L'Europe est la 2 plus grande source mondiale d'investissements dans le secteur des énergies fossiles.
🇫🇷 En France, les plus gros investisseurs sont @Amundi_FR (US$21.5 mn), @GroupeBPCE (US$10.4 mn), @BNPPAM_FR (US$5.3 mn), @AXAIM_FR (US$1.5 mn).
BNP Paribas est-elle le « leader de la transition énergétique » ou une banque symbole d’un « monde qui brûle » ? Tentative d'explications
https://t.co/Fr1s5zhxRx
🟢@DWS_Group, the biggest German asset manager, just announced the exclusion of all investments in coal developers.
This should now be standard practice among the financial sector: companies developing new coal mines, plants or infrastructure are unacceptable investments today.
📃REPORT: A seemingly tiny revision in 🌬️ #onshore wind energy regulation in 🇵🇱 🔪slashes potential land available in half 📉
Permitting obstacles will cause further delays in #RES deployment, endangering the pace of decarbonisation and dependence on 🔥fossil fuel
Alors que @BrunoLeMaire dit sans cesse que la 🇫🇷 doit être le leader de la finance durable, en coulisses, le @gouvernementFR affaiblirait la directive sur le devoir de vigilance pour dédouaner les acteurs financiers de leur rôle dans le chaos climatique 🤡
https://t.co/Lpdy5F6jEh
@DWS_Group is one of the biggest 🇪🇺 asset managers and it still hasn't announced any restrictions to stop investing in coal expansion. Its clients should be worried and demand that @DWS_Group ends any support to firms like @Glencore.
👏 to @greenpeace_de for the reminder
Euer radikales Nichtstun heizt die Klimakrise an, @dws_deutschland! 🔥Eurem Bekenntnis zum 1,5-Grad-Ziel müssen Taten folgen. Wie?
👉 Wir haben für euch eine Blaupause für den Umgang mit Kohle-, Öl- und Gasunternehmen vorbereitet: https://t.co/Jd7jF8voGS
#ExitFossils#DivestNow
📢 WATCH: NEW VIDEO
Ever wondered how the #bond market works?
And just how fossil fuel companies are able to finance expansion in the middle of a #ClimateEmergency?
🤜You're in the right place, exposure to #ToxicBonds is creating financial instability and climate devastation.
📣 After Larry Fink's misguided comments on the 🇪🇺 energy crisis in @LesEchos, Reclaim Finance calls on @BlackRock's EU clients to take action.
New LNG import capacity and more coal is certainly not a sustainable solution! 💣
Our full reaction ⬇️
https://t.co/A4QNkZ3jkN
🔴 The largest shareholders of @TotalEnergies all voted in support of its fake climate plan 💣
@Amundi_ENG, @BlackRock, @AllianzGI_view are breaching their net zero commitments by backing TotalEnergies' fossil fuel expansion plans!
@climate_votes https://t.co/LMHRYNMv3v
✌️✊ VICTOIRE !!
Après des années de lutte des associations, le @gouvernementFR annonce mettre fin aux soutiens financiers aux projets de pétrole, de gaz et de charbon à l'étranger et ce sur la quasi-totalité de la chaîne d'exploitation !
Notre réaction à suivre aujourd'hui ⤵️
🟢 Mettre son argent au service du climat, c'est possible !
Depuis 2016, les banques 🇫🇷 ont alloué $352 milliards aux énergies fossiles 💣😱
Heureusement, des alternatives ➕ responsables existent 💪
➡️ On vous explique tout sur https://t.co/ybTJITPcYV !
#ChangeDeBanque
🔴 Votes d'@Amundi_FR aux #AG2022 des majors pétro-gazières : pour la cohérence (et le climat !), on repassera.
Les votes d'@Amundi_FR ont été rendus publics.
Verdict : Amundi a approuvé les faux plans climat de @TotalEnergies, @bp_plc & @Repsol 😱
Mais ce n'est pas tout...🧵⬇️
BREAKING: @Vanguard_Group refuses to make a real interim emissions reduction commitment 😳
These commitments are meant to be roadmaps to zero emissions; Vanguard has decided it needs no map at all and doesn't plan to take proactive action 😡 #VanguardSOS https://t.co/TWku0MTYOC
🤔@Amundi_ENG, the 🇪🇺 giant of the asset managers & subsidiary of @Credit_Agricole, speaks a LOT about #climate but does it deserve its green credentials?
My op-ed in @lemondefr👇
Spoiler: not really....
To read it in EN: https://t.co/vwpptTwkKm
https://t.co/nD5UqLuZo5