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Financial sector urged to cut Russian fossil fuel ties
Acoalition of NGOs and environmental groups have called on financial institutions to stop “propping up” the war in Ukraine by cutting ties with Russia’s fossil fuel industry. In a letter to CEOs, they call on insurers, banks and asset managers to end financing, investment, insurance coverage and other financial services to companies in the Russian industry, and divest from existing assets.
Oil and gas sales made up 36% of Russia’s budget last year and have allowed the country to build up US$470bn in foreign reserves. In addition, Morningstar estimates that 14% of ESG investment funds arContinue reading this with an IEMA membership
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Transform articles
Renewables account for almost half of Britain’s power generation
Solar power generation hit a new high in the last quarter as renewables accounted for almost half of Britain’s energy production, according to a report from Montel Analytics.
Ahead of the UK general election next month, IEMA has analysed the Labour, Conservative, Liberal Democrat, and Green Party manifestos in relation to the sustainability agenda.
Sarah Spencer on the clear case for stronger partnerships between farmers and renewable energy developers
A system-level review is needed to deliver a large-scale programme of retrofit for existing buildings. Failure to do so will risk missing net-zero targets, argues Amanda Williams
Chris Seekings reports from a webinar helping sustainability professionals to use standards effectively
Although many organisations focus on scope 1 and 2 emissions, it is vital to factor in scope 3 emissions and use their footprint to drive business change
Joe Nisbet explores the challenges and opportunities of delivering marine net gain through offshore renewables
