Bank is already working towards publishing fossil fuel lending targets by the end of the year, says Standard Bank CEOStandard Bank CEO Sim Tshabalala has pushed back at shareholder activist demands to table a climate-related resolution at its annual general meeting , saying the bank is already working towards publishing fossil fuel lending targets by the end of the year.
"They are kicking against an open door," Tshabalala told Business Day in an interview."We don’t actually disagree with the shareholders and Just Share on this one."..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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