Jul 22, 2026 – 4.00pmMajor North American and European pension funds have thrown their support behind an environmental activist-backed resolution that would force Macquarie to explain how its financing of new oil and gas developments aligned with the company’s climate commitments.The support for the resolution, which is opposed by the board, comes ahead of Macquarie’s annual shareholder meeting on Thursday. The meeting is expected to be a difficult one for the company, which is facing scrutiny on multiple fronts including its handling of an investigation into alleged wrongdoing within its investment banking division.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles