'This isn't just about one bank': HSBC becomes first major UK bank to quit Net Zero Banking Alliance

Stuart Stone
clock • 7 min read
Credit: iStock
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Credit: iStock

Green finance groups fear HSBC's exit from the net zero industry group could see the banking sector's 'dangerous rollback' on climate action cross the Atlantic

HSBC last week became the first major UK and European bank to exit the UN-backed Net Zero Banking Alliance (NZBA), fuelling fears the recent exodus of US banks from the influential group could yet cross...

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