STANDARD CHARTERED PLC | Align fossil fuel financing with the IEA’s net zero by 2050 pathway

Status
11.77% votes in favour
AGM date
Proposal number
32
Resolution details
Company ticker
STAN
Lead filer
Friends Provident Foundation, Market Forces
Resolution ask
Set targets or transition plans
ESG theme
  • Environment
ESG sub-theme
  • Climate Change
  • Emissions reduction
Company sector
Financials
Company HQ country
United Kingdom
Resolved clause
Our resolution requests that the company align its fossil fuel financing with the IEA’s net zero by 2050 pathway:
- No longer provide finance to fossil fuel expansion, including new projects and expansion of existing projects.
- Adopt short, medium, and long-term targets to reduce fossil fuel exposure consistent with the goal of net zero by 2050.