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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