Barclays bows to shareholder pressure and announces 2050 ‘net zero’ “ambition”

UK bank’s move on climate divides opinion among investors and campaigners

Barclays has announced its “ambition” to be a ‘net zero’ bank by 2050, in a controversial move which is being described as “highly unusual” by some experts. 

The UK banking group’s announcement comes on the back of a climate resolution filed earlier this year by campaign group Sha…

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