Industry News: ESG

HSBC Announces ‘Phase Down’ of Funding for Fossil-Fuel Clients

Written by ESG | 21-Mar-2022 4:36:56 PM

2022-03-16

BNN Bloomberg: HSBC Holdings Plc promised to “phase down” its financing of the fossil fuel industry, sending a warning to oil and gas clients as the bank works toward its target of net-zero emissions.

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