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Related Topicsnatwestshareholder meetingclimate changefossil fuelsesgrick haythornthwaiteclimate policyoil and gas financing

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NatWest faces shareholder revolt over climate policy rollback at Edinburgh AGM
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Business·4/26/2026AI summary

NatWest faces shareholder revolt over climate policy rollback at Edinburgh AGM

NatWest faces investor revolt at Tuesday's AGM in Edinburgh as campaigners demand protest votes against chair Rick Haythornthwaite. Investors controlling $1.4tn in assets and 70 climate scientists oppose the bank's recent rollback of fossil fuel lending restrictions, including dropping commitments to avoid lending to oil and gas companies lacking credible transition plans.

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