UK universities identify British banks and building societies that do not support fossil fuel expansion

Seven leading UK financial institutions that do not contribute to financing fossil fuel expansion have been identified as a panel suitable to hold billions in deposits for 83 British higher education institutions. The Co-operative Bank, Coventry Building Society, Handelsbanken, Leeds Building Society, Skipton Building Society, Unity Trust Bank and Yorkshire Building Society have all met the strict fossil fuel-related criteria necessary to be accepted as part of the consortium. The initiative was instigated and co-ordinated by the University of Cambridge Banking Engagement Forum (BEF) alongside collaborators at 81 Higher Education…

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