Banking on Climate Change

Page 82

Coal Power - Policy Grades G R AD E

BANK

A

COAL POWER EXCLUSION Prohibits all financing for all coal power projects and all companies with coal power operations or expansion plans, with public reporting on implementation.

A-

EXCLUSION OF COAL POWER EXPANSION AND PHASE-OUT OF ALL SUPPORT Prohibits all financing for all coal power projects, all financing for companies with coal power expansion plans, and all financing for companies with significant coal power operations,124 and commits to phase out all financing for all companies with coal power operations, with public reporting on implementation.

B+

EXCLUSION OF COAL POWER EXPANSION AND SIGNIFICANT ACTIVITY Prohibits all financing for all coal power projects, all financing for companies with coal power expansion plans, and all financing for companies with significant coal power operations, with public reporting on implementation.

B

EXCLUSION OF COAL POWER EXPANSION OR SIGNIFICANT ACTIVITY

EUROPE: ABN AMRO

Prohibits all financing for all coal power projects, and either prohibits all financing for companies with coal power expansion plans or prohibits all financing for companies with significant coal power activity.

B-

PARTIAL COAL POWER PHASE-OUT AND/OR EXCLUSION

EUROPE: BNP Paribas, BPCE/Natixis, Crédit

Prohibits all financing for all coal power projects, and commits to phase out some financing for and/or exclude

Agricole, ING, Société Générale

some coal power companies.

C+

82

B A N K I N G

O N

COAL POWER PROJECT EXCLUSION, OR PARTIAL PROJECT EXCLUSION WITH SOME CORPORATE

AUSTRALIA: ANZ

FINANCING RESTRICTIONS

EUROPE: Barclays, BBVA, Deutsche Bank, RBS,

Prohibits all financing for all coal power projects, or prohibits financing for some projects and some coal

Santander, Standard Chartered

power companies.

UNITED STATES: PNC, US Bank

C L I M A T E

C H A N G E

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