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HSBC

Glencore shareholders challenge mining giant's thermal coal plans

Investment

Glencore shareholders challenge mining giant's thermal coal plans

HSBC Asset Management and LGIM among investors to co-file shareholder resolution citing climate risk concerns over Glencore's thermal coal production

clock 06 January 2023 • 2 min read
'Orderly transition': HSBC ditches new oil and gas financing, Barclays ups clean tech investment goal

Investment

'Orderly transition': HSBC ditches new oil and gas financing, Barclays ups clean tech investment goal

Major banks enhance their climate efforts, with HSBC promising to 'phase down' fossil fuel finance and Barclays hailing success of green investments to date

clock 14 December 2022 • 6 min read
Make My Money Matter: Campaign calls on high street banks to stop financing fossil fuels

Investment

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
HSBC climate ads misled consumers over bank's environmental impact, ASA rules

Marketing

HSBC climate ads misled consumers over bank's environmental impact, ASA rules

In a landmark ruling, the Advertising Standards Authority rules bank failed to put its climate investments in broader context of its continued financing of polluting industries

clock 19 October 2022 • 3 min read
HSBC Asset Management to phase out thermal coal investing worldwide by 2040

Investment

HSBC Asset Management to phase out thermal coal investing worldwide by 2040

Asset manager to end coal investments across the EU and OECD by 2030, before doing the same worldwide 10 years later

clock 22 September 2022 • 2 min read
HSBC Asset Management launches circular economy investment fund

Investment

HSBC Asset Management launches circular economy investment fund

Banking giant announces fresh fund to invest in around 60 firms involved in recycling, regenerating natural ecosystems and designing out waste and pollution

clock 20 September 2022 • 1 min read
NGOs step up calls for banks to restrict financing of fossil fuels

Net Zero Now

NGOs step up calls for banks to restrict financing of fossil fuels

NGOs write open letter to UN Environment Programme Finance Initiative (UNEP-FI) calling for bolder measures to ensure banks' net zero pledges are met

clock 16 September 2022 • 4 min read
Climate and policy driven supply chain shocks could prove existential for SMEs

Investment

Climate and policy driven supply chain shocks could prove existential for SMEs

We are standing on the edge of a sustainability industrial revolution that will go deeper and faster than any before it, writes HSBC's Natalie Blyth

clock 30 August 2022 • 4 min read
'There is no place for virtue signalling in finance': Stuart Kirk quits HSBC following controversial climate comments

Investment

'There is no place for virtue signalling in finance': Stuart Kirk quits HSBC following controversial climate comments

Kirk leaves role as HSBC Global Asset Management's global head of sustainable investing after being suspended for recent outspoken comments

clock 07 July 2022 • 2 min read
US senator suggests Stuart Kirk suspension indication of 'extreme environmental ideology'

Marketing

US senator suggests Stuart Kirk suspension indication of 'extreme environmental ideology'

Republican Senator Steve Daines writes to HSBC, arguing that focus on climate risk could fuel 2008 style crash

clock 14 June 2022 • 2 min read
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