Investors managing $1.38tr in assets accuse NatWest of climate 'backtracking'

Stuart Stone
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

Sixteen institutional investors back AGM statement expressing concern at bank's approach as energy transition reaches critical point

A group of investors managing $1.38tr in assets have backed a statement to be read at NatWest's annual general meeting (AGM) tomorrow, which criticises the bank for alleged "backtracking" on climate...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Stuart Stone
Author spotlight

Stuart Stone

View profile
More from Stuart Stone

Is geopolitical uncertainty and rising costs slowing the 'race to retrofit' commercial buildings?

Study: Positive social and ecological 'tipping points' can spark rapid nature recovery

More on Investment

British International Investment vows to boost climate finance with new £15bn strategy
Investment

British International Investment vows to boost climate finance with new £15bn strategy

UK development finance body's five-year strategy includes new £1.1bn fund dedicated to tackling emissions in coal-reliant countries

Michael Holder
Michael Holder
clock 24 April 2026 • 5 min read
Report: UK's carbon credit economy worth £1.2bn a year
Investment

Report: UK's carbon credit economy worth £1.2bn a year

City of London claims UK 'well-positioned' to be the home of burgeoning global carbon market, but warns its leading position is 'not guaranteed'

Stuart Stone
Stuart Stone
clock 23 April 2026 • 4 min read
Schroders' Madeleine Cobb: 'You won't get people to move with you if you don't understand their perspective'
Investment

Schroders' Madeleine Cobb: 'You won't get people to move with you if you don't understand their perspective'

Madeleine Cobb reflects on the daily 'pick-and-mix' of working in sustainability and how she can't remember a year where the plan set in January was the one delivered

Stuart Stone
Stuart Stone
clock 21 April 2026 • 6 min read