Business
NAB chief ‘taking into account’ landmark climate report in oil and gas policy – The Sydney Morning Herald
NAB’s Ross McEwan responded to a letter by a coalition of activists claiming to represent 1 million Australians calling for an end to financing oil and gas projects….
National Australia Bank chief executive Ross McEwan has pledged to consider the findings of the International Energy Agencys landmark climate report in the banks yet-to-be-released policy on oil and gas, after lobbying from environmental activists.
A coalition of climate groups claiming to represent 1 million Australians sent a letter to each of the big four banks on Monday, calling for an immediate end to financing new oil and gas projects and any exposure to the sector to be phased out by 2030.
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