US bank BMO quietly dropped its policy restricting lending to the coal industry late last year in a bid to avoid being boycotted by certain US states. Bloomberg covers the story.
In the UK, new research has revealed that the UK sits significantly behind its EU peers on energy decarbonisation due to policy uncertainty and a lack of green spending, raising concerns about the UK’s climate resilience. Edie reports the news.
As shareholders continue to demand more transparency and social and environmental responsibility from companies, the Financial Times considers how this will impact the upcoming proxy voting season.
