HSBC chair and CEO agree to meet with investors over net-zero ambition concerns
Nest and Rathbones are among 30 investors who backed a statement calling for HSBC to build on progress
HSBC
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Tracker Group appoints Chow as CEO
Christine Chow brings 27 years’ worth of experience in sustainable and impact investing
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ShareAction warns banks to ‘expect shareholder action’ if they don’t set robust climate targets
Banks were criticised for having ‘low-ambition’ and an ‘incoherent approach’ to setting climate targets earlier this year
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ShareAction to challenge bank CEOs over ‘incoherent’ decarbonisation targets
Climate targets and roadmaps set by banks are not fit for purpose, says ShareAction’s latest report
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Square Mile appoints industry veterans to newly created sustainability board
Bev Shah, Neville White and Alan Whittle join internal members from Square Mile
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What is the most ‘under-used stewardship tool’ by wealth managers?
EQ Investors has attended seven AGMs this year to question boards on green financing targets and human rights impacts
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Morningstar introduces LGBTQ+ Leaders index
Index holds 100 companies with strong LGBTQ+ inclusivity practices
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FCA called to investigate greenwashing at UK high street banks
In light of the FCA’s new anti-greenwashing rule and guidance
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Shareholders ramp up pressure on Barclays, HSBC and Amazon this AGM season
Investor groups have questioned Barclays’ and HSBC’s sustainability policies, while Amazon called to consider workers’ rights
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Time for asset managers to hold banks accountable for inconsistency in net-zero targets
Comes as HSBC publishes targets covering only 33% of facilitated emissions
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As governments roll back on green pledges, will the clean energy outlook improve from here?
Cash-strapped governments around the world are balking at the cost of green measures
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Judge banks on what they do, not what they say
Banks need to walk away from key clients to put oil and gas policy into practice