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

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Investment

Operation Noah: Churches have 'vital role' in accelerating transition to net zero

Operation Noah: Churches have 'vital role' in accelerating transition to net zero

New report from Christian campaign group highlights key role of Church investments in limiting global heating to 1.5C

clock 23 November 2022 • 3 min read
Make My Money Matter: Campaign calls on high street banks to stop financing fossil fuels

Make My Money Matter: Campaign calls on high street banks to stop financing fossil fuels

HSBC, Barclays, Santander, NatWest, and Lloyds come under fire for continuing to fund fossil fuel expansion

clock 22 November 2022 • 4 min read
Morgan Stanley launches new 1GT fund dedicated to slashing carbon emissions

Morgan Stanley launches new 1GT fund dedicated to slashing carbon emissions

New growth-orientated private equity platform aims to focus on companies that can collectively avoid or remove one gigaton of CO2-equivalent emissions

clock 22 November 2022 • 2 min read