Exclusive: Credit Suisse investors call for tougher coal finance policy - letter

Exclusive: Credit Suisse investors call for tougher coal finance policy - letter

Today·2021-04-30 08:01

LONDON/ZURICH - Credit Suisse investors managing $2.5 trillion have called for the bank to take a tougher stance on coal financing, amid concern its current policies are too lax, a letter seen by Reuters showed.

The role of lenders in financing the activities of companies responsible for the major share of greenhouse gas emissions has increasingly been the focus of investors and policymakers, keen to accelerate climate action.

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