Home Business NewsBusiness Sir Chris Hohn to investors: Vote against ‘greenwashing’ bank directors

Sir Chris Hohn to investors: Vote against ‘greenwashing’ bank directors

by LLB Reporter
25th Mar 22 11:35 am

Billionaire Sir Christopher Hohn has called on shareholders to vote against bank directors involved in “greenwashing”, and who lobby against climate action.

He said: “Any bank making a net zero promise while actively lobbying against necessary climate regulation – such as mandatory disclosure of borrowers’ emissions and climate action plans – is greenwashing. Shareholders should vote against the directors of banks who are hiding their exposure to climate risk.”

This is not the first time Hohn has taken a stand on climate change. When he was revealed as XR’s single biggest donor, he said: “Humanity is aggressively destroying the world with climate change and there is an urgent need for us all to wake up to this fact.”

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