Items Tagged with "Hsbc"

HSBC pledges $100B to combat climate change

...e change and cut their own climate-related risks, HSBC on Nov. 6 committed $100 billion to sustainab... sustainable growth in the communities it serves, HSBC said in a news release. The bank said it...elopment Goals. Within its own organization, HSBC said it will source 100% of its electricity f Read More...

Walmart partners on finance options for supply chain sustainability

...tials will have access to improved financing from HSBC, thanks to a partnership between the two comp...their global value chain by 2030.A statement from HSBC explained, “The ecosystem of businesses..., Global Head of Trade and Receivables Finance at HSBC. “Embedding sustainability in global su Read More...

HSBC announces net zero target across customer base by 2050

... innovation ventures and renewable energy sources....ters reported. A goal of this scale would require HSBC to reevaluate relationships with fossil fuel-...liant on the coal sector that are integrated into HSBC’s portfolio.Chief Executive Noel Quinn Read More...

HSBC to Offer Green Deposits for Commercial Clients

...eet their sustainability aspirations.” ...standards, the initiatives are all aligned to the HSBC Green Bond Framework and Green Loan Principle...nt.  In addition to its Green Deposits, HSBC also has launched the Business Plan for the P Read More...

Walmart Sets Science-based Targets for Suppliers

..., cities, states and regions, and is supported by HSBC.This strategy is the next phase in Walmart&rs...G emissions from its global supply chain by 2030. HSBC has supported Walmart’s Sustainable Sup...ms such the Sustainable Supply Chain Finance with HSBC so that smaller and medium sized businesses c Read More...

HSBC Sets 2050 Net Zero Goals 

...t help unlock the investments needed.” ...ate Transition Plan in 2023 that will explain how HSBC will implement its net zero ambition and will...ent its net zero ambition and will bring together HSBC’s climate strategy and 2030 and 2050 sc Read More...

HSBC Reduces Financed Emissions from Oil, Gas Sectors

...e them as the basis for further engagement.”...ctors: Oil and Gas, and Power and Utilities. HSBC is targeting a reduction of 34% in absolute o...ced emissions by 2030 for the Oil and Gas sector. HSBC’s on-balance sheet financed emissions f Read More...

HSBC Stops Financing Oil & Gas Projects

...its activities to support clean energy deployment....vel if their transition plans are compatible with HSBC’s 2030 portfolio-level targets and net ...folio-level targets and net zero by 2050 ambition.HSBC’s most recent review of its energy poli Read More...

HSBC Enters Partnership for Climate Tech

...op the solutions we urgently need at scale.”...ud will introduce GCR-Sustainability companies to HSBC’s specialist climate tech finance team ...CR-Sustainability program over the next two years.HSBC will also seek financing opportunities for co Read More...