HSBC, Walmart add science-based targets to supplier financing program

clock • 3 min read
Credit: iStock
Image:

Credit: iStock

Under the new program, Walmart suppliers that have set at least three sustainability goals and are targeting 1.5C climate goals can get access to financing from HSBC

HSBC, Walmart and CDP are teaming up to unlock more financing for Walmart suppliers. The catch? The suppliers must set validated science-based targets for emissions reductions and meet certain performance...

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

Study: Plant-based products proving less exposed to food price inflation
Investment

Study: Plant-based products proving less exposed to food price inflation

New analysis from Green Alliance shows how plant-based proteins can prove more cost-effective than meat, as think tank urges government to ramp up investment in emerging sector

Amber Rolt
clock 01 October 2025 • 3 min read
Global Energy Compacts: $1.6tr pledged to boost renewables, access to electricity, and clean cooking tech by 2030
Investment

Global Energy Compacts: $1.6tr pledged to boost renewables, access to electricity, and clean cooking tech by 2030

Annual report finds $284bn already mobilised in support of global clean energy goals, but trillions more needed to deliver universal energy access and meet climate targets

Stuart Stone
Stuart Stone
clock 26 September 2025 • 3 min read
LPFA claims majority of its £8bn pension fund now 'managed for climate resilience'
Investment

LPFA claims majority of its £8bn pension fund now 'managed for climate resilience'

London Pension Fund Authority claims to have set emissions reduction and other climate goals for more than 80 per cent of assets in Local Government Pension Scheme

Jasmine Urquhart
Jasmine Urquhart
clock 25 September 2025 • 2 min read