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Published 3 months ago

Barclays Under Investor Pressure to Halt Financing for Fracking

Summary by Financial Post

(Bloomberg) — A group of 24 institutional investors with a combined $1.2 trillion of assets wants Barclays Plc to stop financing fracking, and argued a recent pledge by the British bank to restrict financing for companies that focus exclusively on fossil-fuel exploration and extraction doesn’t go far enough.

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Barclays Under Investor Pressure to Halt Financing for Fracking

(Bloomberg) — A group of 24 institutional investors with a combined $1.2 trillion of assets wants Barclays Plc to stop financing fracking, and argued a recent pledge by the British bank to restrict financing for companies that focus exclusively on fossil-fuel exploration and extraction doesn’t go far enough.

3 months ago·Canada

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