Activists urge Barclays to close "fracking loophole" in energy finance policy, citing 80% financing to fracking firms in 2022.
Activists call on Barclays to close "fracking loophole" in energy finance policy, as ShareAction reveals that fracking firms received 80% of Barclays' financing to pureplay firms in 2022. The UK's largest bank pledged in February to support energy companies in decarbonisation, but ShareAction claims that pureplay companies working on short-term extraction projects are exempted from this commitment.
April 07, 2024
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