Browsing Tag
Standard Life Aberdeen
7 posts
Abrdn’s shares in polluters caused millions of tonnes of climate emissions
Abrdn’s investments in 20 firms indirectly caused nearly five million tonnes of climate pollution in 2022, surpassing Grangemouth's annual emissions.
Protesters target Abrdn AGM over fossil fuel investments
The Edinburgh investment firm, Abrdn, has faced protests about its fossil fuel investments at its annual AGM in the capital.
NatWest has lent £3 billion to North Sea firms since Paris Agreement
Edinburgh-based bank NatWest lent £3 billion to North Sea oil and gas firms between 2016 and 2021 prompting criticism from environmentalists.
Scots financial firms invested £7bn in nuclear weapons
Three major Scottish financial institutions — NatWest Group, Lloyds Banking Group and Standard Life Aberdeen — invested a total of £7bn in nuclear weapons over a two year period.
No Black senior executives in Scottish listed companies
An analysis by The Ferret revealed the lack of ethnic minority representation across Scotland's listed companies.
Oil firm backed by Scots investment company pulls out of Peruvian Amazon project
Standard Life Aberdeen, based in Edinburgh, invests in Chilean company Geopark, which had been planning to extract oil in the Loreto region of Peru.
Oil firm backed by Scots company allegedly put Indigenous people at risk in Peru
A global finance company in Edinburgh has £12m invested in an oil firm accused of endangering Indigenous groups in the Peruvian Amazon who are in lockdown due to Covid-19.