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fossil fuel financelatest news & developments
Fouled: Climate activist group Extinction Rebellion protest on March 12 in Johannesburg against Standard Bank’s financing of a pipeline in Tanzania and Uganda. Photo: Elizabeth Sejake/Rapport/Gallo Images
AGM

Update: Standard Bank rejects climate proposal

Climate considerations are pressing Standard Bank shareholders to push for the recusal of those with fossil fuel ties.

  • Tunicia Phillips
4 min read
At the coalface: In a statement, President Cyril Ramaphosa described the political declaration as a “watershed moment not only for our own just transition, but for the world as a whole”.
BANKING

Big banks under pressure to end fossil-fuel finance

Shareholder engagement on climate-crisis risks is an proving effective tactic to bring about change

  • Tunicia Phillips
7 min read