The National Trust voted to replace Barclays with a bank aligning with its environmental policies, resolving a major conflict between its conservation mission and its financial partner’s fossil fuel investments.
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Charity’s AGM decides overwhelmingly to begin tendering process amid criticism of Barclays’ fossil fuel investmentsThe National Trust has voted overwhelmingly to seek a new banking partner in a significant victory for members who have long argued that its relationship with Barclays was at odds with its commitment to protecting the natural world.The resolution, passed at the charity’s annual general meeting on Saturday with the backing of its board of trustees, instructs the organisation to begin a competitive tendering process for its banking arrangements. Continue reading...
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