The UK government has ignored campaigners' calls to refuse new licences for fossil fuel extraction in the North Sea.

Newly surfaced public records reveal that state regulators complained last year that federal authorities had failed to adequately investigate the reports of Falcon pipeline defects.

Another high-profile figure has taken a stand against the institution’s perceived conflict of interest

The analysis comes as shareholders are preparing to vote on a range of progressive environmental resolutions at the banks' annual meetings.