Barclays CEO Says ‘Wavering Strength’ Hurting Net Zero Shift

  • We’re ‘standing on the brink of a transformative era,’ he says
  • Republican lawmakers have pushed back on ESG initiatives in US
C.S. VenkatakrishnanPhotographer: Chris Ratcliffe/Bloomberg
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Barclays Plc Chief Executive Officer C.S. Venkatakrishnan said political polarization surrounding ESG issues is affecting the global shift to sustainability at a crucial time.

“We are standing on the brink of a transformative era in the drive towards a net zero economy,” Venkatakrishnan said Tuesday at a Barclays ESG conference for clients in New York. “You already are seeing in the world signs of a wavering strength of commitment.”