'More like a retreat than a recalibration': HSBC accused of weakening 2030 climate goals

Stuart Stone
clock • 6 min read
Credit: iStock
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Credit: iStock

Banking giant updates targets for financed emissions, citing 'evolving context' and 'inconsistent pace' of net zero transition

HSBC has been accused of diluting a number of interim climate goals and targets to curb its financing of polluting firms, following a review of its near-term climate action that saw the bank raise concerns...

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