'Wrong side of history': Barclays' fossil fuels policy shift garners mixed reviews

Michael Holder
clock
Barclays has set out stricter policies on fossil fuel investments
Image:

Barclays has set out stricter policies on fossil fuel investments

UK bank sets stricter standards for investments but will not pull out of coal, oil and gas altogether, according to new statement

Barclays has unveiled new stricter standards for coal, oil and gas investments in a policy statement released yesterday, but the new strategy has left climate campaigners clamouring for bolder action...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Policy

It's been a busy year for green policy - now 2022 must be a year of implementation

It's been a busy year for green policy - now 2022 must be a year of implementation

A focus on implementing climate and environmental agenda in 2022 is in the UK's best economic and social interest, writes Aldersgate Group's Nick Molho

Nick Molho, Aldersgate Group.
clock 18 January 2022 • 6 min read
Sir James Bevan | Credit: Gov.uk

Environment Agency boss: Use post-Brexit flexibility to crack down on corporate environmental crimes

EXCLUSIVE: Sir James Bevan to argue that egregious breaches of environmental law should result in increased fines that put a 'major dent' in bottom lines and sentences that 'put bosses in jail'

Cecilia Keating
clock 18 January 2022 • 2 min read
Apocalypse maybe: Forget the worst case climate scenarios, the official government risk assessment is plenty scary enough

Apocalypse maybe: Forget the worst case climate scenarios, the official government risk assessment is plenty scary enough

Policymakers, infrastructure owners, and business leaders are all guilty of failing to take climate resilience seriously enough, and in so doing only increase the likelihood of dystopian worst case scenarios coming to pass

James Murray
clock 18 January 2022 • 8 min read