Founded by Craig Wallington and Dan Sherrard-Smith, MotherTree has created a platform that enables purpose-driven businesses to reduce the carbon footprint of their banking systems and pension provision. Having started its journey in 2022, the UK-based startup is already approaching profitability.
Despite the knowledge that no new oil and gas can be exploited if the world is to stay on track for net zero 2050, global banks continue to finance expansion.
Insurance groups operating on the Lloyd’s of London market are “climate wreckers of last resort”, a new report has said.
Robeco has launched a set of carbon offset share classes to help clients in addressing how to manage greenhouse emissions associated with underlying portfolio holdings.
A report ranked 500 venture-capital-backed tech companies headquartered in the UK and found that most climate tech companies had no plans for reducing emissions.
In this week’s roundup, we explore the latest news to affect investment trends and perspectives in the climate and sustainability space.
ConocoPhillips (NYSE: COP) has been put on divestment watch by some of Europe’s biggest pension funds, after using proceeds from a recent debt financing to expand its business in oil sands.
Over 60 organisations have written to Equinor's (NYSE:EQNR) biggest bankers warning them not to fund the company's controversial Rosebank oil field due to climate risks.
Planet Tracker has released a roadmap with practical, tangible actions for financial institutions (FIs) to cut the food system's global emissions and deliver over $1.5 trillion in economic benefits.
Legal action against BNP Paribas over its continued fossil fuel financing suggests that lawsuit risks might overtake reputational concerns over greenwash claims. This may discourage companies from publicising details of their climate targets in an attempt to avoid allegations of greenwashing, a trend called 'green hushing'.