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    • HSBC’s dirtiest deals report
    • HSBC can stop the State Bank of India from funding the Adani Carmichael mine. But will it?
    • HSBC-linked new coal plants will cause 19,000 air pollution deaths per year
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Barclays’ new climate plan makes own ‘Net Zero’ goal impossible, allows fossil fuel industry to continue expanding

22 March 2022 | News, Press release

Market Forces van outside the central Glasgow branch of Barclays during COP26, November 2021. Photo credit: Market Forces Barclays climate policy – released today with its Notice of AGM – is self-defeating as it allows expansion of the fossil fuel...

UK banks competing in ‘Race to Disaster’ ahead of UN Climate talks

19 August 2021 | News, Press release, Uncategorized

HSBC and Barclays neck-and-neck for funding fossil fuels this year so far – funding US$4.5 billion and $4.4 billion respectively in fossils – despite climate pledges. The top UK fossil-funding banks – Barclays, HSBC and Standard Chartered –...

Barclays AGM 2021 – nearly 25% of shareholders defy bank management on climate

6 May 2021 | News

The 2021 AGM of the biggest fossil banker in Europe, Barclays, was rightly dominated by questions and discussions around climate change. One quarter of Barclays shareholders defied the bank board’s voting recommendation on climate change, with 14% voting for the...

Barclays AGM 2021: Investors have serious questions to answer

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,...

Barclays faces renewed shareholder challenge on fossil fuels

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...

Recent Posts

  • Has Lockton put ethics aside to back Adani’s disastrous coal mine?
  • Standard Chartered AGM – shareholders rebel against management on climate change
  • ANALYSIS: Standard Chartered funds fossil fuel projects in 2021 that will emit five times the entire UK’s annual emissions
  • Standard Chartered Bank hit with protests on opposite sides of the world as AGM vote on ending fossil fuel expansion finance approaches
  • London-based financial services company GLAS latest to risk shattering its reputation on Adani’s coal project

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  • London-based Convex Insurance could insure one of the most environmentally destructive projects on Earth – Market Forces UK #StopAdani #StopEcocide #auspol #NoNewCoal Stop stealing our children’s future! – Climate Action Australia on London-based Convex Insurance could insure one of the most environmentally destructive projects on Earth

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About Market Forces

Market Forces believes that the banks, pension funds and governments that have custody of our money should use it to protect not damage our environment.

Our work exposes the institutions that are financing environmentally destructive projects and helps people to hold these institutions accountable. We work with the community to prevent investment in projects that would harm the environment and drive global warming.

Market Forces is an international organisation headquartered in Australia.

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