HSBC faces shareholder climate resolution from $2.4tr investor group

clock • 3 min read

Group of 117 institutional investors file resolution urging bank to phase out fossil fuel financing in compliance with the Paris Agreement

HSBC is facing a shareholder resolution filed in coordination with 117 institutional investors, including Man Group, Sarasin & Partners and Amundi, targeting the bank's substantial exposure to fossil fuel...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Drax inks £42m deal to acquire Flexitricity

Drax inks £42m deal to acquire Flexitricity

Acquisition set to bolster energy giant's position in the fast-growing energy storage and flexible grid sectors

clock 21 January 2026 • 2 min read
British International Investment backs new $1bn development fund

British International Investment backs new $1bn development fund

Development finance agency to act as anchor for new Allianz Credit Emerging Markets fund, which promises to back wave of renewables, clean transport, and agriculture projects

James Murray
clock 20 January 2026 • 3 min read
Ana Alvarez Grullon: 'Sustainability attracts passionate people, but passion alone is not enough'

Ana Alvarez Grullon: 'Sustainability attracts passionate people, but passion alone is not enough'

Keensight Capital's Ana Alvarez Grullon reflects on how legal training can provide a foundation for working in sustainability and the importance of 'structural thinkers'

Stuart Stone
clock 20 January 2026 • 8 min read