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.”