KBC clarifies mention in Climate Coalition report on fossil fuel divestment
(WorldNews Belgium)

Response Brussels, 18 April 2017 KBC clarifies mention in Climate Coalition report on fossil fuel divestment The Klimaatcoalitie (Climate Coalition) - a grouping of various NGOs and social organisations in the Netherlands - has just published a report on investments in fossil fuels in which it mentions KBC. The coalition is asking financial institutions, including KBC, to stop financing companies involved in mining, processing and selling fossil fuels and to produce a step-by-step plan towards becoming a fossil-free company. KBC acknowledges the extent of the climate problem and is conscious of its responsibility as an important stakeholder in society. The group has a clear policy...