HSBC pushes back climate targets by 20 years and blames ‘lag’ in government policy - UK head office to bear brunt of job cuts ...
Another major bank is walking back climate commitments made when ESG was all the rage. HSBC on Wednesday delayed by two decades a goal announced during the pandemic to eliminate greenhouse-gas ...
Activists said they were concerned the decision signalled a pull back from HSBC's climate ambition, compounding fears that the wider banking sector is rowing back on emission reduction pledges.
HSBC is also scaling back its mergers and acquisitions banking operations in the UK, Europe, and the US. But what does it ...
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