09 March 2020

A close-not-sell briefing for financial institutions

Many financial institutions and several energy companies have finally begun to commit to climate initiatives and exiting coal. However, while some think that selling plants to clean up their own portfolios is a responsible thing to do to reduce emissions, the reality is quite the opposite.

This briefing detail show the sale of coal power plants to different owners brings no real benefit in terms of emission reductions, and is instead an act of green washing that ultimately goes against the interests of responsible financial institutions.

READ FULL BRIEFING
Read also
BLOG
REPORT
BRIEFING
PRESS RELEASE
INFOGRAPHIC

26 February 2019

How financial institutions are phasing-out support to European coal utilities. The key power utilities in Europe that need an urgent transformation.

BLOG
REPORT
BRIEFING
PRESS RELEASE
INFOGRAPHIC

15 July 2019

Every region and every community is different. EU countries wake up to the climate emergency and the need for a swift transition to a sustainable society.

BLOG
REPORT
BRIEFING
PRESS RELEASE
INFOGRAPHIC

18 July 2019

The principles in this briefing are intended to guide financial institutions and to align portfolios with the UN Paris Climate Agreement.

BLOG
REPORT
BRIEFING
PRESS RELEASE
INFOGRAPHIC

04 December 2018

The briefing gives an overview of the two utilities’ power mix and existing coal plant fleet; Enel owns a 70.1% majority share in Endesa.