Banking & ESG Divestment
Latest in Banking & ESG Divestment· Nov 7
Britain's largest conservation charity is switching banks from Barclays over fossil fuel lending, joining a pattern of institutional clients demanding climate credentials from financial services firms or threatening to leave. The move signals that banks face real client defection risk when ESG commitments fail to match stated policies, particularly among nonprofits and asset managers with binding sustainability mandates.
Financial institutions' lending and investment decisions regarding fossil fuels, coal, and climate-related assets amid ESG pressures and climate commitments.
2 events tracked
- Single source5 days ago
Charity seeks new bank over fossil fuel concerns, ditching Barclays
National Trust votes to find a new banking partner aligned with its environmental policies.
The Guardian
- Single sourceabout 1 month ago
British lenders emerge as Europe's top coal industry funders amid climate concerns
UK banks identified as Europe's largest coal financiers, raising regulatory and ESG pressure on financial sector.
The Guardian