Finance | Page 3

GHG Emissions - January 25, 2024

HSBC Stops Financing Oil & Gas Projects

HSBC, an investment bank, announced it will no longer provide new lending or capital markets finance for the specific purpose of projects pertaining to new oil and gas fields and related infrastructure projects when the primary use is in conjunction with new fields.

Commercial - January 12, 2024

Barclays Creates Energy Transition Group to Support Clients

Barclays, a global bank, announced it is establishing a new energy transition group within its corporate and investment bank and will provide strategic advice to clients as they explore potential energy transition opportunities.

Sourcing Renewables - January 4, 2024

Canada Growth Fund Completes Second Investment

The Canada Growth Fund completed a precedent-setting long-term fixed price carbon credit offtake agreement of up to 1 million tons annually.

Sourcing Renewables - December 22, 2023

ING Phasing Out Financing Oil and Gas Loans

European bank ING announced it is phasing out the financing of upstream oil and gas activities by 2040 and aiming to triple new financing for renewable energy by 2025.

Energy Efficiency - December 20, 2023

Equinix Allocates $4.9 Billion for Energy Efficiency, PPAs

Equinix, Inc., a digital infrastructure company, announced the full allocation of $4.9 billion in investment-grade green bonds for green building projects, energy efficiency and Power Purchase Agreement (PPA) projects.

November 28, 2023

H&M Group Partners for Green Loan Program

H&M Group is leading an effort to establish collaborative financing solutions to enable the decarbonization of fashion supply chains.

GHG Emissions - November 17, 2023

WISE Award Nominations Due Today

It's your last chance to submit a nomination for Smart Energy Decisions’ third annual WISE Awards to celebrate Women in Smart Energy. Help us shine a light on the significant and influential achievements of women in energy and sustainability from commercial, industrial, institutional and government organizations.

GHG Emissions - November 16, 2023

CalPERS Establishes $100 Billion Net Zero Pledge

CalPERS announced a change to its sustainable investing strategy to accelerate moving the pension fund’s portfolio toward net zero where carbon emissions from investments are evenly balanced with carbon reductions.

Finance - November 13, 2023

Mitsubishi Electric to Issue Green Bonds

Mitsubishi Electric Corporation announced it will issue green bonds for the first time.

November 8, 2023

Zero-CapEx Solar + Storage: Lower Energy Costs and Emissions

On-site solutions like solar and storage help organizations reduce costs, generate revenue, and lower emissions. But what’s the key to building a cost-effective project? This infographic from Enel provides three steps for adopting solutions through financing options in combination with the Inflation Reduction Act to make zero-capital projects a reality.