LONDON, May 5 (Reuters) - Barclays will offer
investors a vote on its climate policy at next year's investor
meeting after pressure from shareholders and activists to become
greener, the bank's chairman said.
Barclays will devise additional climate targets in
consultation with shareholders, Nigel Higgins told the bank's
webcast investor meeting on Wednesday.
The bank last March set itself a target to reach "net zero"
for its own carbon emissions and the activities it finances by
2050.
Despite these commitments activists have said the bank is
not moving fast enough and requisitioned a vote at the AGM
demanding the lender do more, which the bank has advised
shareholders to vote against.
(Reporting by Lawrence White and Iain Withers, editing by
Louise Heavens)