Today Rainforest Action Network, BankTrack and the Sierra Club released the Coal Finance Report Card 2012, their third annual ranking of the largest financiers of mountaintop removal coal mining and coal-fired power plants.

The report looks at the stated policies for…read more >> | share >>

West LB have decided not to finance oil & gas development projects in the arctic and F & C have dropped Arctic oil explorers Cairn from their ethical portfolio.

The German corporate finance & investment bank, West LB, launched a new environmental policy in February and its guidelines are important in relation to the push by oil companies into the Arctic.

Speaking about…read more >> | share >>

Environmental groups[1] that attempt to prevent environmental devastation caused by the Šoštanj coal project in Slovenia[2], financed by the Italian UniCredit banking group, are taken aback when the bank announced its next in line PR exercise to promote its green credentials by endorsing the Natural Capital Declaration[3], in the run up to Rio+20.

UniCredit,…read more >> | share >>

Yesterday, the Bulgarian government officially announced the cancellation of the Belene nuclear power project. BankTrack and other members of the “Nuclear Banks, No Thanks!” coalition applauds this decision after years of uncertainty around the project.

Jan Haverkamp, nuclear expert consultant for Greenpeace,…read more >> | share >>