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French bank BNP Paribas sued for financing fossil fuel companies

Three climate advocacy groups are filing a suit against French bank BNP Paribas for making a “significant contribution” to global warming by lending to fossil fuel companies, in what they say is the first time a commercial bank is being targeted for climate-related financing.

Felix Mormann: Texas’s war against ESG investing is ingenious but futile

Felix Mormann: Texas’s war against ESG investing is ingenious but futile

The state's pension funds have been directed to divest from financial firms such as BlackRock and UBS that supposedly boycott fossil fuels.
Big banks’ trillion-dollar finance for fossil fuels ‘shocking’, says report

Big banks’ trillion-dollar finance for fossil fuels ‘shocking’, says report

Coal, oil and gas firms have received $3.8tn in finance since the Paris climate deal in 2015.

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grist.org

Morgan Stanley is starting to come clean about climate change

Major banks play a major role in financing environmental damage. International banks including JPMorgan Chase, Wells Fargo, the Royal Bank of Canada, and BNP Paribas are among the top providers of financing to the fossil fuel industry

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