Australia’s NAB faces shareholder pressure over environmental credentials

The logo of National Australia Bank is displayed outside the firm’s headquarters in central Sydney, Australia, Aug.4, 2017. REUTERS/David Gray/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSYDNEY, Dec 17 (Reuters) – Australia’s second-largest lender, National Australia Bank, (NAB.AX) defended its environmental credentials on Friday as investors at an annual meeting complained its emissions disclosures are less complete than its Big Four rivals.Almost half of all questions put to Chairman Philip Chronican at the meeting came from investors and shareholder groups who said they were concerned about the bank’s reputation and risks from its funding of carbon-intensive …
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