"Climate Backlash Hits NatWest: Shareholders Threaten Showdown Over Green Credentials" A high-stakes showdown is brewing at NatWest's annual shareholder meeting in Edinburgh, as investors and environmental campaigners unite to condemn the bank's handling of climate change. The Church of England, a major shareholder, is among those backing a call for protest votes against the bank's chair, Rick Haythornthwaite, in response to what campaigners describe as "climate backtracking". The move comes as leading scientists and activist groups, including ShareAction, urge the bank to take urgent action to reverse its perceived shift away from green policies. With the bank's reputation on the line, Tuesday's meeting promises to be a tense and dramatic confrontation over NatWest's commitment to sustainability.
Shareholders including the Church of England back call for protest votes against the bank’s chairNatWest is at risk of an embarrassing showdown at its shareholder meeting this week, as investors and leading scientists call for an urgent reversal of what they describe as “climate backtracking”.Campaigners, including ShareAction, are calling for protest votes against the bank’s chair, Rick Haythornthwaite, at its annual meeting in Edinburgh on Tuesday. Continue reading...
