Amundi, Folksam and Brunel Pension Partnership back ShareAction’s call for HSBC to reduce its exposure to fossil fuels
ShareAction said Barclays’ energy policy still fails to screen out coal and oil sands companies, representing a glaring hole in the company’s climate ambition.
New analysis shows that in the four months leading up to HSBC’s net zero announcement, the bank financed at least four fossil fuel companies involved in new infrastructure, and directly financed an offshore oil and gas project.
Europe’s largest bank has today announced it will go net-zero by 2050 at the latest but investors say its commitment lacks substance.
Covid-19 may have moved many AGMs behind closed doors, but AGM activism has never been so important. Here’s five ways we challenged companies in 2020.