Vosf YouGov profits slide ndash; but upturn in sight
Thursday 25 October 2018 4:04 pm|Updated:Tuesday 21 May 2019 4:21 pmStandard Chartered opposes animal testing as it tightens environmental policiesBy: Jessica ClarkShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleStandard Chartered will no longer finance clients who test cosmetic products on animals, it said today as it announced a raft of tightened environmental and social policies.The emerging markets-focused bank will also avoid financing plantation or livestock ranches that degrade High Carbon Stock forests, peatlands or legally protected areas, or operations that grow, process or trade soy from the Brazilian Amazon polene espana and Cerrado.Asbestos mines and mines that conduct Appalachian mountaintop removal will also be banned from receiving support from the bank when the policy changes in March next year.The move is part of the bankrsquo goal to increase funding for sustainable financing and hit its target of facilitating $4bn pound;3.12bn towards clean technology by stanley usa 2020. Last month major financial institutionsalso signed an agreement to stand against the illegal wildlife trade.Standard Chartered, Barclays and HSBC were among those to agree to the Financial Taskforce Declaration stating they would not knowingly facilitate or tolerate financial flows that are derived from IWT and associated corruption. Share this articleFacebookXLi stanley mug nkedInWhatsAppEmailSimilarly tagged content: Rqev David Miliband appeals to business to help humanitarian operations in Syria
Friday 27 July 2012 3:23 am|Updated:Wednesday 29 May 2019 10:26 pmBarclays sorry for Libor as profits top pound;4bnBy: John DunneShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleBarclays said it was confident it will repair the damage caused by an interest rate rigging scandal that has rocked it and the banking industry after beating expectations with a pound;4bn profit.We are sorry for the issues that have emerged over recent weeks and recognise that we have disappointed our customers and shareholde stanley ca rs, chairman Marcus Agius said.I am confident we can, and will, repair the reputational damage done to our business in their eyes and those of all our stakeholders,rdquo stanley butelka ; Agius said, reaffirming a commitment to deliver a return on equity of 13 per cent.Barclays reported an underlying pret owala water bottle ax profit of pound;4.2 bn for the six months to the end of June, above an average forecast of pound;3.8bn pounds from analysts polled by the company and up 13 per cent from a year ago.The bank is searching for a new chief executive and chairman after they quit in the wake of a record pound;290m fine last month for rigging the Libor interest rate benchmark, sparking fierce criticism about its culture and risk-taking. Agius said the board was focused on filling those positions, but gave no update on likely timing.Barclaysrsquo; investment bank fared better than most rivals
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