LONDON (Reuters) - HSBC, Europe's biggest bank by assets, said on Wednesday it was pushing back its emissions-reduction goal to mid-century, as the real economy was moving too slowly to net zero, and would look to review its lending targets and policies.

HSBC pushes back climate target for operations and supply chain by 20 years - HSBC says factors ‘outside of our control’ affect its ability to meet its climate targets.

HSBC has delayed key parts of its climate goals by 20 years, pushing its net zero emissions targets from 2030 to 2050, while also proposing changes to its chief executive's bonus plan that could incre

HSBC will no longer strive to achieve net-zero emissions across its operations and supply chains by 2030. The bank has blamed the slow pace of decarbonisation globally for scaling back its climate ambitions.

HSBC has postponed its net-zero carbon emissions target to 2050, citing economic challenges. Originally set for 2030, the bank cited limited influence over technological and policy changes as reasons.