26 February 2026 
Joni Rhodes, Projects and Development Manager
The Banking Engagement Forum, established by the University of Cambridge in 2024, has announced seven banks and building societies that meet strict criteria excluding support for fossil fuel expansion. The Co‑operative Bank, Coventry Building Society, Handelsbanken, Leeds Building Society, Skipton Building Society, Unity Trust Bank and Yorkshire Building Society were confirmed as suitable to hold deposits because they do not finance activities that contribute to fossil fuel growth.
This collective initiative enables higher education providers to align their treasury practices with the net zero aims by directing funds only to institutions whose lending policies avoid supporting new fossil fuel projects.
For more information visit the Banking Engagement Forum webpages, or contact the team directly.
