Institutional investors challenge Barclays over fossil fuel funding

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

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 ShareAction...

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