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The report by Scientists for Global Responsibility (SGR) examines the Royal Academy of Engineering's (RAEng) continued financial ties to the fossil fuel industry. It highlights that RAEng lacks a blanket exclusionary investment policy, maintains corporate partnerships with BP and Shell, and accepts funding from the Shell Centenary Scholarship Fund. SGR argues these links contradict RAEng's 2025 goal of building a sustainable society and notes that several peer academic and professional bodies have already divested from fossil fuels.

The document argues that to limit global warming to 1.5°C, all coal assets must be closed by 2030 in OECD and European countries and by 2040 globally. It outlines a comprehensive framework for financial institutions to phase out coal support, combining immediate exclusion criteria for new projects and high-exposure companies with a structured engagement process for remaining portfolio companies to ensure the actual closure, rather than the sale, of coal assets.