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Browsing the "coal divestment" Tag

Chubb Becomes First US Insurer To Reduce Exposure To Coal

July 2nd, 2019 | by Joshua S Hill

The New Jersey-headquartered insurer Chubb announced this week that it will no longer underwrite the construction and operation of new coal-fired power plants or new risks for companies that generate more than 30% of their revenue from coal, making the insurer the next in a long line of financial and insurance institutions waving goodbye to coal


BNP Paribas Announces Plans To Hasten Divestment From Coal

March 15th, 2019 | by Joshua S Hill

The investment arm of the world's seventh-largest bank, BNP Paribas, announced plans this week to implement an enhanced coal-exclusion policy which will tighten the company's exclusion policy on companies engaged in mining thermal coal and generating electricity from coal. 


Consol Energy Moves Ahead With Coal Divestment Plans

March 7th, 2017 | by Joshua S Hill

Publicly-owned Pittsburg-based fossil fuel energy company Consol Energy is reported to be moving ahead with plans to divest its coal business, a transaction which could be worth as much as $2.8 billion or more.



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