Exclusive: Banks failing to prioritise the climate will lose customers, survey shows December 22, 2020 Customers are expecting more from their banks when it comes to climate change and could lose out to more green competitors if they fail to prioritise the environment. Some 71 per cent of UK banking customers are more likely to choose a bank with a positive social and environmental impact, according to new research from [...]
Ineos launches clean hydrogen business in green drive November 9, 2020 Sir Jim Ratcliffe’s firm Ineos has joined the long list of corporates piling into green energy with the launch of a new UK business to cut carbon emissions. The chemicals company has today launched a new clean hydrogen business, headquartered in the UK, in its drive to net-zero carbon emissions. Through its subsidiary Inovyn, Ineos [...]
Scottish Widows pulls £440m from investments in ESG push November 9, 2020 Pensions provider Scottish Widows has announced it will pull millions from companies failing to meet its ESG standards. The £440m divestment from companies that “pose significant ESG” risk is the firm’s latest sustainable push, and is one of the largest exclusions policy by an institutional investor yet. The divestment seeks to protect almost 6m customers [...]