The bank is latest to be named by officials in the US state, which has law to protect oil and gas sectorBusiness live – latest updatesTexas officials have added NatWest Group to a growing list of financial firms considered to be taking part in a “boycott” of energy companies, in a move that could limit the UK bank’s business with the oil-rich US state.The high street banking group is the latest company to be targeted by the Texas comptroller, Glenn Hegar, who has been naming companies that restrict their business dealings with climate-harming fossil fuel firms. Continue reading…
Source link : https://www.theguardian.com/business/article/2024/aug/15/texas-comptroller-adds-natwest-to-list-of-firms-said-to-be-boycotting-energy-companies
Author : Kalyeena Makortoff Banking correspondent
Publish date : 2024-08-15 11:28:48
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Texas comptroller adds NatWest to list of companies ‘boycotting’ fossil fuel firms
