Texas Comptroller Adds NatWest to List of Energy Boycotters

Texas Comptroller Glenn Hegar added NatWest Group Plc to a list of companies that his office considers to boycott the fossil fuels industry.

The comptroller added the Edinburgh-based bank to the list due to its policy that it will not renew, refinance or extend existing reserve-based lending for the financing of oil and gas exploration, extraction and production after the end of 2025, a spokesperson for Hegar’s office said.