Eugene Ellmen
Writer at Freelance
Writer, #sustainablebusiness & #sustainablefinance https://t.co/tQIiqMaMqR
Articles
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1 week ago |
corporateknights.com | Eugene Ellmen
Clean energy may be poised to attract double the investments of fossil fuels this year, but the powerful banking sector is still betting that there is lots of profit to be made in oil, gas and coal. A comprehensive report released today shows that after two years of decline in fossil fuel financing, the global banking industry reversed course in 2024, sharply increasing fossil loans and underwriting. The turnaround is dramatic.
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1 month ago |
thespec.com | Eugene Ellmen
The Hamilton Farmers’ Market has been plagued with internal disfunction and difficult relations with the city for years. The iconic Hamilton institution is in a race against time, as its customer base changes rapidly. New residents are moving into highrises close to the market.
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1 month ago |
corporateknights.com | Eugene Ellmen
When the Royal Bank of Canada recently disclosed it was dropping some of its most important climate pledges, it pointed the blame at Canada’s anti-greenwashing legislation. Now some investors are worried the move will set off a wave of retreat from sustainability commitments at the country‘s large banks.
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1 month ago |
hamiltoncitymagazine.ca | Eugene Ellmen
The wrecking ball that Donald Trump has taken to international trade has wounded relations between Hamilton businesses and their American suppliers and customers. Now they’re looking east and west to replace traditional links to the south. Editor's note: This story was finalized in late April. We acknowledge that this is a highly fluid and volatile situation and that tariffs being imposed may have changed since HAMILTON CITY Magazine went to press.
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2 months ago |
corporateknights.com | Eugene Ellmen
As fossil fuel companies water down their climate commitments, and banks cast doubt on global warming targets, one key climate-action organization is holding firm. The Science Based Targets initiative will continue to insist that corporations seeking validation under its climate-plan accreditation – considered an international gold standard – must set a 1.5°C climate target, as set out by the Paris Agreement.
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BlackRock and major U.S. banks have headed for the exist at #GFANZ, plunging the organization into crisis. What does this mean for financial industry climate collaboration? Here's a backgrounder on the issue. @corporateknight https://t.co/4oLO8JAeo3
The Net Zero Banking Alliance has now lost all of its leadership from the US banks. It's hard to see a path forward for global bank action on climate without the US at the table. #NZBA https://t.co/Q4VLBgCm4E
With Donald Trump about to move into the White House in coming weeks, things are about to get chillier in the world of #sustainablefinance and #ESG. But it won't be a deep-freeze. My forecast in @corporateknight.
Take a look at the year ahead for sustainable finance with these seven predictions by @EugeneEllmen. From anti-ESG attacks to climate disclosures and the green taxonomy, this is your almanac for sustainable investing in 2025. https://t.co/FCgfivSAoW