25 May 2021 | News, Press release
As HSBC prepares for its AGM on 28 May, new research reveals that a selection of HSBC fossil fuel financial transactions over the last five years will emit 523 million tonnes of CO2 every year for decades to come – more than the entire annual emissions of either...
12 May 2021 | News, Press release
In April, Market Forces revealed that HSBC’s proposed new coal policy won’t affect it’s asset management arm, allowing HSBC to continue to own stakes in coal companies that together plan 73 new coal plants, generating 99 gigawatts (GW) of energy from coal. Not...
10 May 2021 | News, Press release
Standard Chartered will be in the sights of shareholders next year if its poor record on climate change doesn’t improve, according to environmental organisation Market Forces. The news comes as Standard Chartered participates in a US$ 400 million, 5-year loan...
5 May 2021 | News, Press release
Reacting to the news that 14% of Barclays shareholders voted for the Market Forces shareholder resolution calling on the bank to phase out funding for fossil fuels (with a further 12% abstaining on Barclays’ management’s recommendation to vote against), Adam McGibbon,...
26 February 2021 | News, Press release
Barclays will face a second consecutive year of shareholder pressure on its position as Europe’s largest fossil fuel financier, after a shareholder resolution has been filed for the bank’s AGM on 5 May, calling for financing and exposure to coal, oil and gas to fall...
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