Americas > Barclays tightens guardrails around oil and gas, promotes energy transition

Barclays tightens guardrails around oil and gas, promotes energy transition

Published 16:44 on February 9, 2024  /  Last updated at 16:44 on February 9, 2024  / Bryony Collins /  Americas, EMEA, International, Voluntary

Barclays will end direct finance to upstream oil and gas expansion projects and require energy clients to set methane reduction targets under its latest climate statement, though critics say the plan doesn't go far enough.
Barclays will end direct finance to upstream oil and gas expansion projects and require energy clients to set methane reduction targets under its latest climate statement, though critics say the plan doesn't go far enough.


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