Poll suggests top banks at risk of losing customers over fossil fuel financing

Cecilia Keating
clock • 2 min read

One in 10 consumers could leave their high street bank if made aware of the institution's investments in coal, oil, and gas, survey suggests

HSBC and Barclays currently benefit from low levels of consumer awareness about their financing of high carbon activity, but could face of exodus of customers if public understanding of their fossil fuel...

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 development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Investment

UK Infrastructure Bank makes first green hydrogen investment

UK Infrastructure Bank makes first green hydrogen investment

Public investment bank announces £30m of funding for hydrogen power unit maker GeoPura

Cecilia Keating
clock 22 February 2024 • 2 min read
Schroders launches global equity impact fund

Schroders launches global equity impact fund

New fund to target companies focused on solving societal and environmental challenges

Damisola Sulaiman, Investment Week
clock 21 February 2024 • 1 min read
Study: Majority of UK pension providers have 'inadequate' climate plans

Study: Majority of UK pension providers have 'inadequate' climate plans

Make My Money Matter campaign claims just three UK pensions providers have 'adequate' climate plans in place

Martin Richmond
clock 21 February 2024 • 3 min read