Barclays is being added to the list of financial institutions restricted from contracts with the state of Oklahoma, the state’s treasurer, Todd Russ, announced Friday.
Russ’s office contended the bank has “publicly committed to boycott fossil-fuel companies,” according to an emailed statement to Bloomberg.
A 2022 Republican-backed law prohibits state agencies and political subdivisions from contracting with a company unless it provides a written verification confirming it does not boycott energy companies.
