09 October 2020
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HSBC is Europe's second largest funder of fossil fuels
But bank's commitment to decarbonising its financing by mid-century, on top of its supply chain and operations by 2030, is slammed by campaigners as "empty" and an "attempt to buy time" due to its failure to commit to divest from coal and oil and gas
HSBC has become the latest bank to commit to achieving net zero financed emissions, announcing this morning that it intends to align its portfolio of investments and debt financing with global climate...
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