Royal Bank of Sustainability? No

So runs the headline (I added the last part!) in some media outlets today.

The story is here, if you can get into FT.com.

Their headline is: “Green groups to sue over RBS investments”

Environmental groups and the law firm Leigh Day, are asking the courts to force the Government to withdraw the high-carbon investments of RBS, long known by campaigners as the “oil and gas” bank.

This is a case worth following.

Although one would not expect the environmental groups to win, it raises interesting questions about how public assets should be steered in term of governance and strategy.

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