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Hsbc

HSBC Responsible Investing Head Stuart Kirk Compares Climate Change to Y2K

4 Mins Read Stuart Kirk, HSBC Asset Management’s (HSBC AM) global head of responsible investing has raised eyebrows following a speech at a Financial Times event. At the Moral Money gathering, hosted on May 19, he compared the climate crisis to the Y2K bug before stating that investors don’t need to worry about climate change. Kirk doubled down […]

Is HSBC About To Get Hung Out To Dry For Greenwashing?

4 Mins Read U.K. advertising watchdog, the Advertising Standards Authority, is in the midst of deciding whether or not to caution HSBC over “misleading” adverts. The campaigns in question allude to climate action by the major financial institution while omitting key data about its own emissions. If an official warning is issued, it will be the first time […]

Climate-Forward Companies “Outperformed” During Pandemic According To HSBC

3 Mins Read Companies with a strong environmental focus have outperformed the broader stock market, said HSBC. The news comes during the ongoing coronavirus pandemic, which has caused a global economic fallout unseen since the Great Depression in the 1930s. In a recent research note, the bank detailed how environmental, social and governance (ESG) centric stocks are doing […]

The Truth Behind Hong Kong’s Financial District & Climate Injustice

3 Mins Read New research by the Canadian Centre of Architecture (CCA) has explored the mostly hidden links between Hong Kong’s financial district and global environmental damage. Finding a connection between the physical financial spaces in the city and climate change events, the research group aims to present their findings in a virtual web documentary called Market Landscape. […]