Institutional investors challenge Barclays over fossil fuel funding

Hope William-Smith
clock • 2 min read

A group of 11 pension and investment funds have filed a resolution calling for Barclays to stop offering loans to fossil fuels companies.

The action from the group - which collectively manages more than £130bn worth of assets - is the first shareholder climate resolution aimed at a UK bank. The resolution is spearheaded by ShareAc...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Buzz: Should LGPS pools consolidate?

Buzz: Should LGPS pools consolidate?

LGPS consultation, DC megafund proposals and pension fund clearing exemption

Professional Pensions
clock 13 January 2025 • 1 min read
News Digest: UK gilt selloff triggers pension cash calls in first big test since 2022 crisis

News Digest: UK gilt selloff triggers pension cash calls in first big test since 2022 crisis

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 13 January 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

A £540m buy-in, L&G passes through integration testing with PDP and Broadstone partners with PE firm

Professional Pensions
clock 10 January 2025 • 1 min read
Trustpilot