'The global pace of change remains insufficient': HSBC pushes back net zero target by 20 years

Michael Holder
clock • 5 min read
Credit: iStock
Image:

Credit: iStock

Banking giant cites challenges in tackling supply chain emissions and restrictions on the use of offsets as it defers ambition to reach net zero emissions by 2030

HSBC has pushed back its net zero target by 20 years, with the banking giant now aiming to meet the goal across its operations, travel, and supply chains by 2050. The company blamed challenges in tackling...

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