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02.04 - 21:07
Hedge fund boss Chris Hohn slams banks over climate hypocrisy
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fnlondon.comBanks making net-zero promises while lobbying against climate regulation is “greenwashing”, according to billionaire hedge-fund boss Sir Chris Hohn.
“Any bank making a net-zero promise whilst actively lobbying against necessary climate regulation – such as mandatory disclosure of borrowers’ emissions and climate action plans – is greenwashing,” Sir Chris, founder and portfolio manager of TCI Fund Management, said in a 25 March statement.
“Shareholders...
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