Blow for Barclays as 20% of shareholders reject climate strategy

Bank plan meets opposition after environmental protesters disrupt AGM in Manchester

Shareholders dealt an embarrassing blow to Barclays’ climate credentials on Wednesday, with almost 20% rejecting the bank’s climate strategy as activists disrupted its annual meeting to protest against the bank’s financing of fossil fuels.

Barclays said on Wednesday that 19.19% of voting shareholders were against the bank’s climate strategy, which set out its plans and progress towards goals to reach net zero emissions by 2050.

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