European banks risk jeopardising the path to net-zero carbon emissions and the growth of renewable energy unless they stop directly financing new oil and gas fields this year, investors managing assets worth more than $1.5 trillion said on Friday.
ShareAction said on Friday it had made the demand in letters sent to the heads of Barclays (BARC.L), BNP Paribas (BNPP.PA), Credit Agricole (CAGR.PA), Deutsche Bank (DBKGn.DE) and Societe Generale (SOGN.PA) this week.
