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Facade of Westminster Abbey in London, England (Credit: iStock)
The Church of England (CoE) Pensions Board has said it plans to vote against the reappointment of directors at HSBC, NatWest, and Santander during this year's annual general meeting (AGM) season, as it accused the banks of having "materially backtracked on their climate commitments".
The investor, which oversees £3.4bn worth of funds on behalf of the CoE, said it would not support AGM items that constitute weakened climate ambition at the three banks and would also monitor othe...
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