Barclays proposes ‘net zero’ climate change plan

Barclays has said it plans to be emissions neutral by the middle of the century, as lenders are put under increasing pressure to reduce their impact on the environment.

The bank said that its ambition will be to “become a net zero bank by 2050” if shareholders pass a resolution at its annual meeting later this year.

However, the proposals were slated as “meaningless” by green campaigners.

Barclays plans to align its lending with the 2015 Paris...
source: Reading Chronicle

2020-03-30 12:41
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