Our reports
Lessons from 2021 to 2023: Inflation management calls for a sustainable energy transition in Europe
Since 2021, Europe has known a period of high inflation. Breaking off decades of accommodating monetary policy designed to raise inflation to its 2% target, the European Central Bank (ECB) raised interest rates throughout 2022 and 2023 in the hope of bringing down inflation that was not forecasted to [...]
Fossil Fuel Expansion in the United Arab Emirates
A new report published by Urgewald, BankTrack, LINGO and Reclaim Finance on the Abu Dhabi National Oil Company (ADNOC) highlights its outsized oil & gas expansion and the international financiers and oil majors who actively support it. Read the report
Metallurgical coal financing: time to call it off
Keeping the 1.5°C climate target within reach requires decarbonizing the economy as a whole. So far, the principal efforts made by financial institutions to support the move away from fossil fuel dependency have been directed at the supply side and, to some extent, power generation. On the other hand, sectors [...]
The worst fossil fuels bonds in 2023
As a cornerstone of global finance, the bond market has a profound impact on the direction of industries and economies. Mobilizing it to fight climate change is essential; first and foremost so bonds are no longer used as piggy banks for the world’s most polluting companies. In 2023, Reclaim [...]
2023 Scorecard on Insurance: Fifty Years of Climate Failure
50 years after first warning of climate risks, insurers have been caught out by the effects of their inaction. This is revealed by the Insure our Future coalition in its new annual "Insurance Scorecard" report, which ranks the fossil fuel policies of 30 of the world's largest (re)insurers. [...]
TotalEnergies: Is it really diversifying its energy production?
In May 2021, Total became TotalEnergies, a “multi-energy company“ with the ambition of being a major player in the energy transition. At least, this is what its CEO Patrick Pouyanné is trying to convince people of by positioning TotalEnergies as a responsible and socially acceptable partner, customer and employer, [...]
Climate stewardship: A guide for effective engagement and voting practices
In the context of urgent climate action, the role of financial institutions is key in supporting the transformation of the biggest emitters and keeping global warming below 1.5°C. Stewardship is one of the tools at their disposal: by using their position as financial supports of the economy, they can [...]
Report: Who’s managing your future?
This report takes a deep dive into the policies and practices of 30 big asset managers. The aim of our research is to provide an assessment  of  how  these  firms  manage  climate risk, assessing whether their activities are aggravating the climate crisis and therefore other associated systemic risks.  The [...]
Annual General Meetings 2023: Voting recommendations for climate-conscious investors
In the context of climate crisis, it is imperative that investors seize the opportunity of the 2023 proxy season to take action and scale up their engagement initiatives with the most carbon-emitting companies. To do so, shareholders can use a large range of tools, including voting at annual general [...]
Briefing: Assessing the credibility of ArcelorMittal’s decarbonization strategy
As a key player in the steel market, ArcelorMittal has a crucial role in advancing the global shift to clean steelmaking. This briefing is intended for financial institutions that would like to gain a better understanding of the activities and climate impact of ArcelorMittal in order to engage the [...]