An analysis by DeSmog revealed 65% of directors from 39 big banks had connections to the world’s most polluting energy sources. The majority of directors at the world’s biggest banks have affiliations to polluting companies and organizations, a DeSmog investigation shows. The findings raise concerns over a systemic conflict of interest at a time when the international financial sector is under increasing pressure to stop funding fossil fuels. DeSmog’s analysis found 65% of directors from 39 banks had 940 past or current connections to industries that could be considered climate-conflicted. Directors with affiliations to companies involved in extracting oil, gas and coal — the world’s most polluting energy sources — were well-represented across bank boardrooms, with 16% of all board members having current or previous roles in the polluting energy sector.
https://childrenshealthdefense.org/defender/directors-global-banks-worlds-big-polluters
[dntplgn recurring_amt1=”4.50″ recurring_amt2=”3.00″ recurring_amt3=”1.50″ item_name=”Donation for EarthNewspaper.com” paypal_email=”mark@eimagine.net” currency_code=”USD” currency_symbol=”$” return_url=” https://earthnewspaper.com/index.php/thank-you-for-donating-to-earthnewspaper-com”]