Report by the Fair Finance Guide: Financial Sector Greening at a sluggish Pace

This report from the Fair Finance Guide Netherlands shows that more than 80% of investments in the energy sector are still going to fossil fuels, with less than 20% going to renewable energy.

The financial sector is greening at a sluggish pace, while a turning point before 2030 is essential if we want to limit global warming to 1.5°C.

Summary of the report:

• The report discusses pension funds and insurance companies. The majority of their investments in the energy sector still goes to polluting energy companies / fossil fuel companies. Read the report to see how these funds and insurers are performing.
• The report also covers banks. The research shows a very clear difference between green and polluting banks. Banks such as Triodos and Volksbank are performing well, Rabobank is taking small steps in the right direction, ABN AMRO is not doing enough, but the worst-performing bank of all is ING.

Together with Oxfam Novib, World Animal Protection, Amnesty International, and PAX, we presented the report to members of the Dutch Parliament

Read the Fair Finance Guide report by Profundo:

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2024-10-rapport-klimaat-fossiel-versus-duurzame-energie-egw.pdf — 2314 KB