Tag: Standard Chartered

Waste for Barclays as twenty% of investors deny temperature tactic

Bank strategy fulfills hostility after ecological militants interrupt AGM in Manchester Investors gave an unpleasant draft to Barclays’ temperature references on Wednesday, along with nearly twenty% denying the financial institution’s environment approach as protestors interrupted its own yearly conference to demonstration versus the banking company’s funding of non-renewable fuels.Barclays pointed out on Wednesday that 19.19%of […]

UK banks’ support for coal industry has risen since 2015 Paris climate pact

Lenders including Barclays and HSBC provided services and loans worth £21.9bn in 2019 British banks’ financial support for companies involved in the coal industry has risen since the 2015 Paris agreement, despite their pledges to wind down financing for a sector seen as a significant obstacle to tackling global heating. UK lenders provided loans and […]