The protestors claim the bank’s climate targets fall short of UN standards

It has now pledged to hit the milestone by 2030

The bank has stated this new role will be crucial in its new strategy to decarbonise finance and the economy

E.SUN FHC’s new policy addresses companies with more than 5% of their revenue from business activities in coal and unconventional oil and gas

The division will help customers understand their carbon and track their climate ambitions

This follows a 41% reduction in investments last year

It also reduced its lending to oil and gas companies by 21%

It has stated the use of the new technology for the next five years will reduce emissions by close to 500 tonnes

It will continue reducing Scope 1 and 2 emissions from its operations, through investments in energy efficiency projects at corporate offices and bank branches

The bank intends to halve its thermal coal financing exposure by 2030