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Investors press banks to set clear renewables financing targets

"Banks are not yet providing a clear strategy on how they will specifically finance the sectors and technologies most needed for the clean energy transition."
Melodie Michel
Investors press banks to set clear renewables financing targets
Photo by Jeroen van de Water on Unsplash

Investors worth trillions are urging Barclays and Standard Chartered to set clear targets to support the energy transition at their AGMs this week.

Groups of shareholders led by ShareAction are planning to read public statements at Barclays’ annual general meeting (AGM) today and at Standard Chartered’s AGM tomorrow asking them to set targets around renewable energy financing.

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