Climate activists have thrown red paint on the entrance of Standard Chartered's building as part of a ‘blood money’ march protesting the City of London’s funding of the fossil-fuel industry.
The protests, which have attracted a heavy police presence, are targeting companies in London’s financial district as part of the group’s Impossible Rebellion, activists have said. The protests happen at a time when banks are scrambling to exhibit their green credentials, with some financial firms divesting from coal investments and others funding projects that could slow the pace of climate change. Sustainable investment assets have soared more than 50% since 2016, to $35.3 trillion last year, according to a report earlier this month.