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Futurology

Apr 15, 2020

Mizuho says it will stop lending to new coal power projects. Mizuho, one of the world’s biggest lenders to coal stations, would cut its outstanding balance of 300 billion yen ($2.8 billion) in loans to coal power projects as of March this year in half by 2030 and reduce them to zero by 2050.

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Futurology

Apr 06, 2020

Investors with nearly $200 billion in assets holding shares in Japan’s Mizuho Financial Group say they plan to back a shareholder motion urging the bank to cut its lending for fossil fuels. It's the first time a Japanese publicly traded company has faced a shareholder climate change resolution.

asia / pacific carbon / emissions markets climate politics climatechange coal company news debt / fixed income markets denmark disasters / accidents energy (trbc) environment europe fired power stations funds general news government / politics investment management and fund operators (trbc) japan loans mizuho norway shareholder meetings us

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