Jupiter AM adds to fossil fuel transition pressure on Barclays

Mike Sheen
clock • 2 min read

Jupiter Asset Management has become the latest investor to put pressure on Barclays Bank to phase out the provision of financial services to the fossil fuel sector and utilities that are not aligned with the Paris climate goals.

Barclays, which is the "world's sixth largest backer of fossil fuels", with exposure of more than $27bn, according to lobbying charity ShareAction, has now seen a group of 11 institutional investor...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Investment

Partner Insight: Private credit - Perspectives on opportunities and risks

Partner Insight: Private credit - Perspectives on opportunities and risks

Even as traditional fixed income offers more attractive rates, investors continue to explore alternative credit for its stability.

Randy Schwimmer, Co-head of Senior Lending at Churchill, a Nuveen company
clock 21 September 2023 • 7 min read
Partner Insight: Secured credit - underappreciated and undervalued?

Partner Insight: Secured credit - underappreciated and undervalued?

Martin Foden, Head of Credit Research @ Royal London Asset Management
clock 20 September 2023 • 1 min read
Partner Insight: Pensions Watch Issue 26

Partner Insight: Pensions Watch Issue 26

What’s been happening and what’s on the horizon in the world of pensions

Chris Wagstaff
clock 20 September 2023 • 5 min read
Trustpilot