Companies to exclude from European Central Bank collaterals and the purchase of securities

Reclaim Finance requests that the European Central Bank exclude companies from its securities purchases and collateral lists based on specific fossil fuel development activities and exposure thresholds, including a 20% revenue threshold for coal and a 15% reserve threshold for unconventional oil and gas.

• Reclaim Finance demands the European Central Bank stop purchasing securities and exclude collateral from companies contributing to fossil fuel development, specifically those investing in exploration, developing new coal infrastructure, selling equipment for coal projects, or planning the development of over 500 million barrels of heavy oil, unconventional oil and gas, or Arctic and deep water extraction by 2050.
• The organization specifies that companies with high exposure to coal and polluting oil and gas should be excluded if they derive at least 20% of revenues or electricity production from coal, produce over 10 million tonnes of coal annually, operate coal plants exceeding 5 GW capacity, or hold at least 15% of reserves in oil sands, shale oil and gas, or Arctic and deep water extraction.

APA

admin (2020). Companies to exclude from European Central Bank collaterals and the purchase of securities. Reclaim Finance. https://reclaimfinance.org/site/en/2020/03/26/companies-to-exclude-from-european-central-bank-collaterals-and-the-purchase-of-securities/

Chicago

admin. Companies to exclude from European Central Bank collaterals and the purchase of securities. Reclaim Finance, 2020. https://reclaimfinance.org/site/en/2020/03/26/companies-to-exclude-from-european-central-bank-collaterals-and-the-purchase-of-securities/.

Wikipedia

{{cite press release |last1=admin |title=Companies to exclude from European Central Bank collaterals and the purchase of securities |publisher=Reclaim Finance |date=26 March 2020 |url=https://reclaimfinance.org/site/en/2020/03/26/companies-to-exclude-from-european-central-bank-collaterals-and-the-purchase-of-securities/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{admin2020companies, author = {admin}, title = {{Companies to exclude from European Central Bank collaterals and the purchase of securities}}, publisher = {Reclaim Finance}, year = {2020}, month = mar, url = {https://reclaimfinance.org/site/en/2020/03/26/companies-to-exclude-from-european-central-bank-collaterals-and-the-purchase-of-securities/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }