Our reports
European coal companies do not comply with net-zero pledges
Limited Utility: The European energy companies failing on net zero commitments report published in January 2022 by Europe Beyond Coal and think tank Ember, and endorsed by ten other organisations including Reclaim Finance. The report finds that the business plans of European coal companies do not contain the intermediate [...]
How to Exit Coal: 10 criteria for coal phase-out plans
The finance sector can play a critical role in accelerating the coal phase out. While more and more financial institutions are now calling on coal companies to adopt phase out plans, they need to go beyond vaguely worded requests and take action to ensure that these plans are robust, [...]
Below the radar: how central banks are investing unsustainably
A report by Reclaim Finance analyzes the investment policies of G20 and Eurosystem central banks, revealing that these major financial trend-setters are lagging behind when it comes to investing sustainably and considering the impact of their investments on climate. This report comes while central banks are increasingly vocal on [...]
Making the net-zero alliances work for the climate
Reclaim Finance published a comprehensive report at COP26 in Glasgow revealing the extensive shortcomings in the finance sector’s rapidly growing “net-zero” alliances. If these shortcomings are not fixed, the alliances will very likely fall far short of their ambitious but necessary goal of halving the emissions from the clients [...]
Spreading the fossil fuel pandemic: ECB’s Covid asset purchases are supporting oil and gas expansion
A new research by Reclaim Finance reveals that ECB’s exceptional purchases of corporate bonds amid the Covid-crisis benefited to European oil and gas majors, in spite of the fact that these companies are planning a massive increase in fossil fuel production at odds with EU climate goals and the [...]
Out with Science, In with Lobbyists: Gas, Nuclear and the EU Taxonomy
On July 22nd 2021, Reclaim Finance published a report – Out with Science, In with Lobbyists: Gas, Nuclear and the EU Taxonomy – that exposes the lobbying from the fossil gas and nuclear industry to feature in the EU’s influential sustainable taxonomy. The report uncovers a multimillion euro lobbying [...]
Hijacked: Exposing BlackRock’s Grip on the EU’s Climate Finance Plans
A new report from Reclaim Finance and the Observatoire des multinationales has revealed a wide-ranging lobbying operation by asset management titan BlackRock, aimed at influencing the European Union’s sustainable finance strategy. This comes shortly before the release of the strategy, and amidst ongoing controversy about the role of BlackRock [...]
CITY OF COAL: The Climate Crimes of UK Finance
The City of London is one of the world’s largest homes of coal finance, reveals a new report from Reclaim Finance. Produced with German NGO Urgewald, the report examines the support of leading UK banks and investors to the coal sector. The top five UK banks - Barclays, HSBC, [...]
Slow Burn: The asset managers betting against the planet
Reclaim Finance has published the first edition of a scorecard on leading asset managers’ climate commitments, focusing on their approach to the coal sector. The report compares 29 asset managers, with a focus on the European market. The authors reveal that despite 16 asset managers holding long-term climate commitments, [...]
Last Chance for the Powering Past Coal Alliance
A new report from Reclaim Finance and seven partner NGOs reveals that the Powering Past Coal Alliance (PPCA) has failed to trigger a wide coal exit movement. The analysis of the progress of the 111 PPCA members shows that many of them are failing to phase out coal support. [...]
