Protestors accuse bank of ‘greenwashing’ and dragging its feet on zero emissions commitments
Shareholders dealt an embarrassing blow to Barclays’ climate credentials on Wednesday, with almost 20% rejecting the bank’s climate strategy as activists disrupted its annual meeting to protest against the bank’s financing of fossil fuels.
Barclays said on Wednesday that 19.19% of voting shareholders were against the bank’s climate strategy, which set out its plans and progress towards goals to reach net zero emissions by 2050.