Barclays boss says calls for bank to abandon oil and gas are unrealistic [Yahoo! Finance]
Applied Materials, Inc. (AMAT)
Last applied materials, inc. earnings: 2/12 04:01 pm
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Source: Yahoo! Finance
CS Venkatakrishnan said lenders “cannot go cold turkey” on the fossil fuel sector, despite its contribution to global warming. His comments come after Barclays has come under repeated pressure from climate activists with the bank's branches targeted by Just Stop Oil. It also follows reports that Cambridge University is considering cutting ties with the bank over its climate change record. Mr Venkatakrishnan insisted Barclays is “very much moving away from” coal and oil, but warned that fossil fuels will be around “for quite some time”. The Barclays boss told the Bloomberg Sustainable Finance Forum in London that the bank has the “ambition to be a net zero company in financed emissions” by 2050. He said: “We have aggressive targets on energy and power and other sectors to 2030. We are adding to that cement and aviation. “The end has never been in question. “The only thing that has been questioned is: how fast and are there some activities that you would not do? “So, fo
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AMAT
Earnings
- 5/16/24 - Beat
AMAT
Sec Filings
- 6/24/24 - Form 4
- 6/24/24 - Form 144
- 6/21/24 - Form 4
- AMAT's page on the SEC website