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Julien

16 w

Danske Bank

Climate love

Danske Bank Quits New Fossil Fuel Financing

Denmark's largest bank has announced it will completely stop all financing and investment into any company or project related to fossil fuel extraction, after evaluating that continuing such financing would make the fulfilment of Denmark's commitments to the Paris Agreement impossible.
Source:

Danske Bank Quits New Fossil Fuel Financing

Denmark’s biggest bank has declared an end to fossil fuel financing, after concluding that 99.9% of its carbon footprint comes from financed emissions.

https://www.theenergymix.com/2023/01/23/danske-bank-quits-new-fossil-fuel-financing/



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  • Patrick Kiash

    15 w

    Right decision

    • Daniel Waweru

      16 w

      So encouraging

      • walter lungayi

        16 w

        This is great news

        • Sarah Chabane

          16 w

          Great decision 👏

          3
          • Johannes Luiga

            16 w

            Truly encouraging and a totally necessary way if we want to halfen our emissions until 2030

            5
            • Peter Kamau

              16 w

              Having financial institutions divest from fossil fuels is such a good move

              • Tabitha Kimani

                16 w

                The focus should be on clean energy investments.

                6
                • Elizabeth Gathigia

                  16 w

                  Good decision Danske Bank

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