Bank pledges to align all of its financing activities with goals of Paris climate agreementBarclays has bowed to investor pressure over its climate track record and announced plans to shrink its carbon footprint to net zero by 2050.
The bank,which has its headquarters in London, has pledged to align all of its financing activities with the goals and timelines of the Paris agreement, and starting with the energy and power sectors,and to publish “obvious targets” to track its progress. Related: Banks warned against profiteering from UK coronavirus crisis Continue reading...
Source: theguardian.com