ClientEarth warns 10 top banks to stop financing Saudi Aramco, or face potential legal action
By Farah KhaliqueDecember 21, 2023
Environmental campaign group ClientEarth has threatened potential legal action against 10 global banks unless they stop financing Saudi Aramco – the world’s biggest corporate emitter of greenhouse gases.
ClientEarth, chaired by former City investment banker Howard Covington, sent letters last month to leaders at JP Morgan, Goldman Sachs, ...
Already a subscriber? Log In
Read Next:
September 19, 2023
Banks facing ‘wave’ of human rights litigation risk
Banks face a “wave of human-rights litigation” when a new European directive is adopted next year, top law firms have warned. The Corporate Sustainability Due Diligence Directive, a contested piece...
Read more