Energy Management Articles
Blog posts tagged with "HSBC"
HSBC Enters Partnership for Climate Tech
HSBC announced a partnership to increase climate mitigation and resilience through financing.
HSBC Stops Financing Oil & Gas Projects
HSBC, an investment bank, announced it will no longer provide new lending or capital markets finance for the specific purpose of projects pertaining to new oil and gas fields and related infrastructure projects when the primary use is in conjunction with new fields.
HSBC Reduces Financed Emissions from Oil, Gas Sectors
HSBC Holdings commits to interim targets for reductions in financed emissions to become a net zero bank by 2050 or sooner.
HSBC Sets 2050 Net Zero Goals
HSBC Holdings plc has outlined three steps to turn its net zero ambition for its portfolio of clients into business transformation across the bank.
Walmart Sets Science-based Targets for Suppliers
Walmart announced the creation of a supply chain finance program that will lower GHG emissions reductions through CDP’s TCFD-aligned disclosures, but uses science-based targets for the first time.
HSBC to Offer Green Deposits for Commercial Clients
HSBC Bank USA has introduced Green Deposits for businesses. These deposits give commercial clients the option to support decarbonization initiatives with their cash reserves.
HSBC announces net zero target across customer base by 2050
HSBC announced Oct. 9 that it is committed to net zero emissions across its operations and customer base by 2050 and will be providing up to $1 trillion in green financing.
Walmart partners on finance options for supply chain sustainability
Walmart suppliers who demonstrate progress in their sustainability credentials will have access to improved financing from HSBC, thanks to a partnership between the two companies.
HSBC pledges $100B to combat climate change
Joining a growing number of the world's largest banks that have committed big money to mitigate climate change and cut their own climate-related risks, HSBC on Nov. 6 committed $100 billion to sustainable financing and investment by 2025 and said it will source 100% of its electricity from renewable sources by 2030.
