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Barclays, StanChart urged by investors to set green finance targets

By Sofia Gerace ( May 6, 2025, 23:02 GMT | Insight) -- UK lenders Barclays and Standard Chartered have been urged to set green finance targets, amid concerns that the financial services sector is not supporting the renewable power sector through green lending. The statements signed by a group of institutional investors comes as UK financial regulators have confirmed that they will continue regulating the sector by introducing disclosures and transparency rules around climate-related activities, rather than by mandating green lending quotas.A group of UK institutional investors is urging UK banks Barclays and Standard Chartered to set green financing targets for the renewable power sector....

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