Climate risk and ESG factors to be integrated into £1.3bn diversified growth portfolio used for Barclays UKRF defined contribution pension scheme
Until British banks rule out all fossil fuel funding, their climate plans will remain inadequate, argues Market Forces' campaigner Adam McGibbon
But campaigners warn new strategy does not move fast enough to end financing for fossil fuel infrastructure
The bank has successfully closed its second green bond as it continues its strategy to deliver net zero financed emissions by 2050
Analysis of FTSE 100 companies finds just 16 per cent have realistic decarbonisation strategies in place, yet 45 per cent are targeting net zero emissions
Recolight CEO Nigel Harvey speaks to BusinessGreen after being among 250 arrested for their part in Extinction Rebellion actions in London this week
It marks the first move under the bank's £175m sustainable investment drive announced last month as part of its net zero strategy
Group led by Transport & Environment urges EU to prioritise green investment in coronavirus response, as new report slams scale of British banks' interest in fossil fuels
British bank promises to align all financing activities with Paris Agreement and target at least £100bn green financing by 2030
Major study backed by 250 NGOs and environmental organisations claims financing for fossil fuels has risen every year since the Paris Agreement was signed