Thursday , August 18 2022

Tag Archives: Barclays

Barclays climate resolution is all targets and no substance

Barclays climate resolution is all targets and no substance

In response to the decision taken by Barclays, at its AGM today, to oppose a resolution to genuinely commit to a safe climate, aligned with the goals of the historic Paris climate agreement, Greenpeace UK’s head of climate finance, Rosie Rogers, said: “Rather than backing a resolution that set out a …

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Responding to investor pressure, Barclays presents new, beefed up climate policy

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After three months of investor discussions, Barclays has announced its ambition to be a net zero bank by 2050. At its upcoming annual general meeting, the bank recommends its shareholders vote in favour of a special climate resolution which contains commitments to align its financing activities with the Paris Agreement. …

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Barclays’ net zero plan is absolutely meaningless

Barclays’ net zero plan is absolutely meaningless

In reaction to the alternative climate resolution, proposed by Barclays to its shareholders, Greenpeace UK’s climate finance adviser, Charlie Kronick, said: “This headline-baiting net zero proposal, which lacks any targets or detail, comes as Barclays issued an updated energy policy, demonstrating that it will continue to finance climate-wrecking tar sands …

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Barclays’ directors have legal duties to act on climate

High rise glass buildings

As Barclays prepares to decide if it will support a major climate resolution tabled by shareholders, we are reminding board members of their legal duties to address climate change risks. In a letter to Barclays’ Board, ClientEarth CEO James Thornton has reminded board members of their legal obligations to address …

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