Investors ‘See Past Greenwash’ as Quarter of Shareholders Refuse to Approve Barclays’ Climate Strategy

Barclays shareholders have rejected calls to accelerate a phase-out of fossil fuel financing, but a quarter remain unconvinced by the bank’s current approach to tackling climate change. Over 100 investors representing more than $4 trillion of funds had filed a resolution with campaign group Market Forces to ask Barclays to set distinct targets in line […]

Labour and Conservative Councils Criticised Over £7.5 Billion Investments In Fossil Fuel Pensions

Local council pension funds in England controlled by the Labour and Conservative parties together hold £7.5 billion in fossil fuel shares, a new analysis has found. Environmental campaigners Platform and climate consultancy Transition Economics ranked political parties according to their local council pension fossil fuel investments, finding that Labour-controlled councils hold £3.9 billion in investments […]