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HSBC

Work

HSBC hires PwC climate change lead Celine Herweijer as group chief sustainability officer

Herweijer will be tasked with leading the bank's push towards net zero

clock 18 February 2021 • 3 min read

Investment

Poll suggests top banks at risk of losing customers over fossil fuel financing

One in 10 consumers could leave their high street bank if made aware of the institution's investments in coal, oil, and gas, survey suggests

clock 29 January 2021 • 2 min read

Investment

HSBC faces shareholder climate resolution from $2.4tr investor group

Group of 117 institutional investors file resolution urging bank to phase out fossil fuel financing in compliance with the Paris Agreement

clock 11 January 2021 • 3 min read

Investment

Major banks 'co-responsible' for plastics crisis, first-of-its-kind investigation argues

The world’s biggest banks are indiscriminately funding firms responsible for devastating marine ecosystems and fuelling climate change via their plastics production, a new report from Portfolio Earth concludes

clock 07 January 2021 • 4 min read

Investment

'Extremely encouraging': Why three-quarters of UK firms are now plotting net zero goals in 2021

HSBC poll of 1,000 UK businesses indicates operational and supply chain net zero targets are heading into the mainstream

clock 17 December 2020 • 3 min read

Investment

Barclays closes £400m green bond in support of energy efficient home mortgages

The bank has successfully closed its second green bond as it continues its strategy to deliver net zero financed emissions by 2050

clock 29 October 2020 • 3 min read

Investment

HSBC pledges to reach net zero financed emissions by mid-century

But bank's commitment to decarbonising its financing by mid-century, on top of its supply chain and operations by 2030, is slammed by campaigners as "empty" and an "attempt to buy time" due to its failure to commit to divest from coal and oil and gas...

clock 09 October 2020 • 3 min read

BusinessGreen

Majority of UK's biggest firms lack net zero strategies, report finds

Analysis of FTSE 100 companies finds just 16 per cent have realistic decarbonisation strategies in place, yet 45 per cent are targeting net zero emissions

clock 23 September 2020 • 3 min read

Investment

HSBC and Pollination Group plot 'natural capital' investment venture

Banking giant aims to raise $1bn for its first fund, which will be followed by a carbon credit fund of up to $2bn

clock 27 August 2020 • 2 min read

Investment

Defund and divest: Banks, investors, and pension funds urged to stop bankrolling meat and dairy

‘Big Livestock’ is just as damaging to the planet as the fossil fuel industry, campaigners warn, yet UK banks continue to be among the sector's largest creditors, pouring tens of billions into carbon-intensive companies fuelling deforestation

clock 13 July 2020 • 3 min read
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