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Exposing Climate-Conflicted Bank Directors

Exposing Climate-Conflicted Bank Directors
desmogblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from desmogblog.com Daily Mail and Mail on Sunday newspapers.

Rachel Sherrington , ரேச்சல் ஷெரிங்டன் ,

'Wall Street is a primary villain' in climate crisis, analysis shows


NationofChange
‘Wall Street is a primary villain’ in climate crisis, analysis shows
DeSmog’s investigation found that at least 65% of directors from 39 global banks had 940 connections to “climate-conflicted” industries.
“The boardrooms of the world’s largest banks are polluted to the core… How are we ever meant to stop the climate crisis if the world’s most powerful decision-makers are in bed with the companies behind the wheel!?”
That’s how Bank on Our Future—a U.K.-based network pressuring financial players to align their business practices with tackling the climate crisis—responded Wednesday to a new 
DeSmog analysis revealing that a majority of directors at major banks worldwide are connected to polluting companies and organizations. ....

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'Climate conflict': 4 in 5 UK bank directors have connections to high-emitting corporates


Climate conflict : 4 in 5 UK bank directors have connections to high-emitting corporates
An analysis of the activities of directors at the UK s biggest banks has revealed that almost 80% have close ties to corporates in industries linked to climate change and pollution - which could undermine their net-zero commitments.
Almost one-quarter of the directors analysed have a close link to the fossil fuel sector
Conducted by investigative environmentalist platform DeSmog, the analysis covered 64 incumbent directors at the UK’s biggest banks, including Barclays, HSBC, Lloyds, Standard Chartered and Natwest.
It concluded that almost one-quarter of the directors have a current or past connection to the fossil fuel industry. Links include being a current director or advisor, or a former senior-level employee, or holding significant amounts of shares. ....

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UK Banks Face Climate Conflicts Of Interest: Study

UK Banks Face Climate Conflicts Of Interest: Study
ibtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibtimes.com Daily Mail and Mail on Sunday newspapers.

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