Queen's private banker Coutts aims for a greener portfolio

LONDON (Reuters) - Coutts, British wealth manager and private banker to the Queen, plans to cut carbon emissions in its funds and portfolios by 25% before the end of 2021 and has introduced climate-linked exclusions for the first time.The bank, part of RBS Group , said it would exclude all companies that get more than 5% of their revenues from thermal coal extraction, tar sands, or Arctic oil and gas exploration.It will also exclude any company that gets more than 25% of its revenue from thermal..