Tag: AGMs

The good news is that shareholders voted overwhelmingly in favour of more ambitious policies on financing for coal and other high-carbon industries – the resolution passed with 99.71% of the vote.

The climate resolution put forward at this year’s AGM is a good start, and your plan to end coal financing by 2040 is promising. But you still have a lot more to do before you can claim to be fully aligned with the goals of the Paris Agreement.

The votes are in: nearly a quarter of Barclays shareholders defied bank executives over their climate policies at yesterday’s annual meeting.

Barclays chair Nigel Higgins had asked shareholders to vote against a resolution that would commit the bank to phasing out funding for fossil fuels.

Barclays’ annual general meeting is on the horizon, giving shareholders and investors the chance to push the bank towards defunding fossil fuels. The question is: will they seize this opportunity, even though Barclays has told them to vote against?