StanChart to phase out direct coal financing by 2032 - Reuters.com


3/29/2022 12:00:00 AM3 years 1 month ago

Standard Chartered <a href="https://www.reuters.com/companies/STAN.L" target="_blank">(STAN.L)</a> said on Tuesday it would end all direct coal financing for clients by 2032, as the Asia and Africa-focused lender tightens up its climate policy.

LONDON, March 29 (Reuters) - Standard Chartered (STAN.L) said on Tuesday it would end all direct coal financing for clients by 2032, as the Asia and Africa-focused lender tightens up its climate poli… [+475 chars]

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