Greenpeace criticises the European Central Bank (ECB) for failing to keep its promises to make its corporate bond portfolio more green, in a study published on Wednesday 26 July with SOAS University of London, the University of Greenwich and the University of the West of England.
According to the NGO, around 23% of the outstanding green bonds purchased by the ECB as part of its reinvestments correspond to companies linked to fossil fuels. Ten additional bonds were purchased from other...