Investors crank up the heat on bank fossil fuel financing
Corporate Knights
FEBRUARY 10, 2023
New research reveals that banks are doing little to finance a low-carbon future, while investing trillions in multinational oil companies, some of which have doubled their profits in the last year. In response, activist investors and climate action groups are planning campaigns to pressure some of the world’s largest banks to end their massive and ongoing financing of fossil fuels.
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