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AAP
AAP
Environment
Derek Rose

NAB chair defends bank's climate pledges at fiery talks

National Australia Bank's stance on climate change was put under the microscope at its AGM. (Mick Tsikas/AAP PHOTOS)

NAB's chairman has defended his bank's underwriting of bonds to fossil fuel companies, arguing the practice doesn't increase its exposure to climate change.

Philip Chronican was responding to a question from Greens activist Jaqueline Marks, who was one of a number of shareholders asking questions about National Australia Bank's commitments to the Paris Accords at the bank's annual general meeting in Sydney on Friday.

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