Second AGM motion jabs Barclays on fossil fuel support

Barclays_Adobe_575x375_8September2020
By Jon Hay
26 Feb 2021

Barclays is to face a second shareholder resolution on its response to climate change at its annual general meeting in May, urging it to set more ambitious targets to phase out financing of fossil fuels.

A motion at Barclays’ AGM last year was decisive in pushing it to commit to reducing its financed greenhouse gas emissions to net zero by 2050.

"Barclays made some improvements after last year's AGM but ultimately they're not aligned with the Paris Agreement," said Adam McGibbon, UK campaigner at ...

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