25% of Barclays shareholders defy bank executives on fossil fuel policies

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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.

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All eyes on Blackrock, and how it votes on the Barclays resolution

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This morning activists gathered outside Blackrock. BlackRock is the world’s biggest asset manager, with more than USD $9 trillion in assets under management. It’s also the world’s top investor in climate destruction.

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