The 2015 Paris Agreement sets out what humankind needs to do to keep global heating below 1.5°C. Even if we burn only the fossil fuel reserves we already have, the planet will heat up by much more than this, leading to a catastrophic future - and "Every fraction of additional warming beyond 1.5°C will bring worse impacts" (UN Environment Programme)
We need to keep fossil fuels in the ground, yet Barclays continues to finance businesses expanding fossil fuel extraction, exploiting new reserves or destroying the ecosystems required to help avoid climate disaster.
Not madness; greed. Such fatally short-sighted, uncontrolled pursuit of profit is like the predatory feeding frenzy of a Barclays alter ego we call: Sharklays1. Read the facts about Barclays here.
1. Real sharks are much more benign, and an important part of the ocean ecosystem, which they are unlikely to try to destroy. Find out why they need protecting here.
Barclays shareholders may have been unsurprised to find that the 2021 Notice of AGM arrived with a 1,000-word statement from the board aiming to persuade them not to vote for the Market Forces resolution that would require the bank to begin taking real action on climate change, rather than more gree [...]
For the second year running, a group of over 100 Barclays shareholders has filed a resolution calling for the bank to take stronger action to tackle its financing of fossil fuels. Despite the board’s formal opposition to a similar resolution from a group led by ShareAction last year, nearly a quarte [...]
After years of sustained pressure from students and alumni, as well as from other groups, Trinity College has committed to fully divesting from fossil fuels across its portfolios. Currently holding around £15m of investments in companies involved in the extraction or production of fossil fuels, the [...]
Barclays shareholders may have been unsurprised to find that the 2021 Notice of AGM arrived with a 1,000-word statement from the board aiming to persuade them not to vote for the Market Forces resolution that would require the bank to begin taking real action on climate change, rather than more gree [...]
For the second year running, a group of over 100 Barclays shareholders has filed a resolution calling for the bank to take stronger action to tackle its financing of fossil fuels. Despite the board’s formal opposition to a similar resolution from a group led by ShareAction last year, nearly a quarte [...]
After years of sustained pressure from students and alumni, as well as from other groups, Trinity College has committed to fully divesting from fossil fuels across its portfolios. Currently holding around £15m of investments in companies involved in the extraction or production of fossil fuels, the [...]
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