What happened: At its upcoming AGM, NatWest faces calls from shareholders and campaigners, including the Church of England, for protest votes against its chair over concerns of reversing climate commitments.
Why it matters:
- The dispute highlights investor pressure on banks to maintain strong climate action.
- It affects NatWest's leadership and could influence the bank's future environmental policies.
MNN Take: Shareholders are increasingly using their voting power to hold companies accountable on climate issues, reflecting wider expectations for financial institutions to support sustainability.
Sources: Guardian UK