Investors call out NatWest for ‘climate backtracking’ ahead of AGM
"We’re calling on investors to vote against the Chair at the AGM.”
A group of investors are calling out UK bank NatWest for “reducing the ambition of its fossil fuel policy and climate targets” and plan to vote against its chair at tomorrow’s AGM.
The nearly 20 investors managing US$1.38 trillion in assets, led by ShareAction and including Axiom AI, the Church of England Pensions Board, Ecogi and Nest, express their concern over the bank’s recent climate policy changes in a statement published today, April 27.
