NatWest tightens fossil fuel financing rules as it ups green lending to £17.5bn

Michael Holder
clock • 3 min read
NatWest's Bishopsgate head quarters in London | Credit: NatWest Group
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NatWest's Bishopsgate head quarters in London | Credit: NatWest Group

Bank unveils 'most extensive TCFD disclosure to date' backed by plans to restrict financing to UK-based oil and gas firms

NatWest has further restricted its lending to oil and gas firms, after a year which saw it ramp up its climate and sustainability funding and financing to £17.5bn. In what it claims to be its most extensive...

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Michael Holder
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Michael Holder

Environmental journalist and editor

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