Exposing Climate-Conflicted Bank Directors - DeSmog

Exposing Climate-Conflicted Bank Directors

About the Series

Banks are increasingly setting goals to decarbonise by 2050, yet a large number continue to finance fossil fuels, the primary source of carbon emissions. To accelerate action, shareholder activists regularly file climate resolutions at bank AGMs. But DeSmog’s investigations have shown that the majority of directors on many bank boards have close ties to polluting sectors.

DeSmog’s articles are based on a huge research exercise led by Rachel Sherrington that has led to the creation of an original database with over 900 entries. Watch this space for more stories that emerge as we continue to analyse the database.

In This Series

Analysis

Four-Fifths of Board Members at America’s Top Six Banks are Climate Conflicted

ByRachel Sherrington

onMay 12, 2023 @ 04:04 PDT

High level links between polluting sectors and bank directors could be acting as a block to climate action, campaigners warn.

High level links between polluting sectors and bank directors could be acting as a block to climate action, campaigners warn.

Series: Exposing Climate-Conflicted Bank Directors

Series: Climate-conflicted bank directors

One in Three Directors at Australia’s Major Banks Have Ties to Oil, Gas, and Mining

ByRachel Sherrington

onAug 17, 2021 @ 07:26 PDT

The banks have provided over $30 billion to oil, gas and coal projects since the Paris Agreement was signed. Campaigner warns of “vested interests.”

The banks have provided over $30 billion to oil, gas and coal projects since the Paris Agreement was signed. Campaigner warns of “vested interests.”

Series: Exposing Climate-Conflicted Bank Directors

Series: Climate-conflicted bank directors

One in Three Directors at Africa’s Biggest Bank Have Ties to the Coal Industry

ByRachel Sherrington

onMay 25, 2021 @ 03:54 PDT

Standard Bank has been involved in some of the largest and most controversial fossil fuel projects on the continent.

Standard Bank has been involved in some of the largest and most controversial fossil fuel projects on the continent.

Series: Exposing Climate-Conflicted Bank Directors

Series: Climate-conflicted bank directors

Revealed: The Climate-Conflicted Directors Leading the World’s Top Banks

ByPhoebe Cooke, Rachel Sherrington and Mat Hope

onApr 6, 2021 @ 23:42 PDT

65% of directors from the banks analysed had connections to polluting industries and obstructive lobby groups.

65% of directors from the banks analysed had connections to polluting industries and obstructive lobby groups.

Series: Exposing Climate-Conflicted Bank Directors

Series: Climate-conflicted bank directors

Investigation: The Climate-Conflicted Board Directors Leading the UK's Banks

ByPhoebe Cooke, Rachel Sherrington and Mat Hope

onMar 9, 2021 @ 16:00 PST

The analysis comes as shareholders are preparing to vote on a range of progressive environmental resolutions at the banks' annual meetings.

The analysis comes as shareholders are preparing to vote on a range of progressive environmental resolutions at the banks' annual meetings.

Series: Exposing Climate-Conflicted Bank Directors

Series: Climate-conflicted bank directors