Urgewald attacks Deutsche Bank because of its environmental sins

The Abbot Point coal terminal From here, coal from the controversial Carmichel coal mine of the Indian group Adani is to be shipped. Deutsche Bank has placed a bond for Adani. It justifies itself that the proceeds from it may not be used for the coal mine in Australia. (Photo: DAVID MAURICE SMITH / The […]

Why sustainability becomes even more important in Corona times

Wind farm at the edge of the forest Investors are demanding better carbon footprints from companies, but better social standards and good corporate governance. (Photo: Paul-Langrock.de) Frankfurt Siemens CEO Joe Kaeser was the first to feel the new, sustainable investment policy of the world’s largest investor Blackrock. After Blackrock boss Larry Fink wrote in a […]

Professional investors want to make a difference with ecological investments

Cyclists at Potsdamer Platz in Berlin The bike rental company Netbike finances its growth through bonds. (Photo: imago images / Jochen Tack) Frankfurt With the corona crisis, virtual platforms and online solutions for financial issues have become significantly more important overnight. The SDG Investments platform, which describes itself as a “digital corporate finance house”, is […]

Deka invests less in coal

Deka bank “Coal is not an energy source of the future,” explains a spokesman for the Sparkassenfondhaus. (Photo: dpa) Frankfurt Deka says it will partially withdraw from coal investments on May 1. The Sparkassen-Fondshaus placed corresponding information on its website on Friday afternoon. “Coal is not an energy source of the future,” said a spokesman […]

Deutsche Börse presents new sustainability index

Frankfurt They don’t like baking small rolls at Deutsche Börse, one of the largest European exchange operators. “We are convinced that the Dax 50 ESG will become the standard for sustainable investments in Germany,” said Stephan Flägel on Wednesday in Frankfurt. He heads the index division at stock exchange subsidiary Qontigo, which among other things […]

BCG wants to measure the sustainability of network operators

radio mast In a global comparison, the telecommunications industry has a carbon footprint that is about twice as large as the aviation industry, the Boston Consulting Group has calculated. (Photo: AP) Dusseldorf Modern life can hardly be imagined without fast mobile communications and landlines. But all of this consumes electricity and resources. It is not […]

Natixis-Bank trims loan portfolio for sustainability

Frankfurt It was a brave, maybe even a groundbreaking decision. Last autumn, French bank Natixis decided to base all financing in investment banking and corporate business on the consequences for the climate and the environment. To this end, the investment bank of the French savings banks and cooperative banks has developed a so-called green weighting […]

A pioneer among eco-funds

Frankfurt In 1996, long before the climate protection activist Greta Thunberg was born, a quiet, green revolution started in the fund industry. The two friends Alfred Platow and Klaus Odenthal then launched the Ökoworld Ökovision investment fund. A new era was ushered in with the fund product – even though the beginning was rather unspectacular […]

Norway’s central bank chief warns of interference in oil funds

Oystein Olsen “The Norwegian Oil Fund aims to achieve the highest possible return with acceptable risk,” said Oystein Olsen. (Photo: AFP) Oslo In his annual speech to the country’s political and economic elite, Oystein Olsen, governor of the Norwegian central bank Norges Bank, warned that politicians should beware of micro-management of the 10.7 trillion crowns […]

Union group warns against instrumentalization of the ECB

European Central Bank building in Frankfurt Union politicians are demanding that the ECB focus on price level stability. (Photo: AP) Berlin The Union Group’s Finance Working Party is concerned about attempts to involve central banks more in the fight against climate change. “We call for the political independence and market neutrality of the European Central […]