HSBC delays net-zero emissions target by 20 years
HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the economy, the bank said on Wednesday, compounding fears from campaigners that the world's biggest lenders are rowing back on climate pledges.
HSBC Pushes Back Climate Emissions Target, to Review Policies
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 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 pushes net-zero target back 20 years
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 weakens 2030 emissions targets
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 Delays Net-Zero Target Amid Economic Changes
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.
HSBC now focused on achieving net zero emissions by 2050
EST HSBC (HSBC) now focused on achieving net zero emissions by 2050Discover the Best Stocks and Maximize Your Portfolio: See what stocks
HSBC pushes back climate targets by 20 years and blames ‘lag’ in government policy
HSBC pushes back climate targets by 20 years and blames ‘lag’ in government policy - UK head office to bear brunt of job cuts ...
HSBC Dials Back Climate Ambitions, Following U.S. Banks
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 ...
HSBC: UK's largest bank announces job cuts - how it might affect branch closures
HSBC is also scaling back its mergers and acquisitions banking operations in the UK, Europe, and the US. But what does it ...