HSBC Bank's UK pension scheme sets 2050 net zero target

James Phillips
clock • 2 min read
HSBC Bank UK's pension fund is the latest to set its sights on net zero financed emissions
Image:

HSBC Bank UK's pension fund is the latest to set its sights on net zero financed emissions

Interim target to halve emissions across equities and bonds by 2030 also announced by the pension scheme

HSBC Bank's UK pension scheme has today set out plans to reach net zero greenhouse gas emissions across its portfolio of savers' investments by 2050 or earlier. Covering both its defined benefit (DB)...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

View profile
More from James Phillips

Dalriada aims for net zero pension schemes by 2040 where it is sole-trustee

Make My Money Matter urges UK's 81 largest occupational pension schemes to target net zero

More on Investment

Smart Pension invests £330m into Octopus Energy renewables funds
Energy

Smart Pension invests £330m into Octopus Energy renewables funds

Investment from the pension scheme aimed at financing green energy projects, including ground source heat pumps in South Wales

Martin Richmond
Martin Richmond
clock 29 July 2025 • 3 min read
Aquila European Renewables board 'disappointed' after preferred bidder changes offer
Energy

Aquila European Renewables board 'disappointed' after preferred bidder changes offer

Clean energy investor pauses share selling process after preferred bidder reduces number of assets it had planned to acquire

Sorin Dojan, Investment Week
clock 29 July 2025 • 1 min read
NatWest targets £200bn in climate and transition financing by 2030
Investment

NatWest targets £200bn in climate and transition financing by 2030

British banking giant unveils fresh five-year goal after already surpassing its previous £100bn target for the end of 2025

Michael Holder
Michael Holder
clock 28 July 2025 • 2 min read