22 January 2020
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Banks are under increasing investor pressure to confront the climate impact of their lending strategies | Credit: Lloyds Bank
The UK lender's pledge builds on previous commitments not to finance new coal-fired power stations or Arctic oil and gas exploration
Banking giant Lloyds yesterday pledged to more than halve the carbon emissions generated by the projects it finances by 2030, reflecting growing investor pressure on banks to reduce the climate exposure...
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