Archive

HSBC urges investors to support under threat social bond market

HSBC has urged investors to continue to support the social bond market or else it is "under threat", after social investment dropped materially following a boost in the wake of the Covid-19 pandemic.

People Moves 25 March: HSBC; Abrdn; ANZ; MSCI & more...

HSBC commits to 'phase down' fossil fuels

US over four years behind Europe in GSSS bonds

IPCC report 'highlights need for adaptation finance'

The latest report from the UN's Intergovernmental Panel on Climate Change (IPCC) laid bare the pressing need to invest in adapting to the physical impacts of a warming planet.

HSBC aims to cut financed emissions from oil & gas by 34% by 2030

HSBC has announced emissions reductions targets for 2030 covering pollution financed by its lending activities, which include a 34% cut in oil and gas emissions as well as 75% in the power and utilities sector.

ASEAN sustainable fund standards will need tightening, says HSBC

A proposal for an ASEAN sustainable fund standard is a "good start" but will need to be tightened to align it with other international standards...

NZBA pumped $38bn into oil and gas since launch

25 members of the Net Zero Banking Alliance (NZBA) have financed at least $38 billion of oil and gas funding since the group's launch under a year ago, according to pressure group ShareAction.

Asian ESG bond fund launched

An actively managed fund, which will invest in Asian bonds with good environmental, social and governance (ESG) profiles, has been launched.

Indonesia's taxonomy will boost green finance, says HSBC

Investor confidence in Indonesian green financial products will be boosted as a result of the launch of the country's first Green Taxonomy last week, HSBC believes.