HSBC Bank pledges $100 billion of finance by 2025 to combat climate change

Posted on:07 Nov 2017 10:03:58
HSBC Bank pledges $100 billion of finance by 2025 to combat climate change
07 November 2017 Current Affairs: HSBC Bank pledged to provide $100 billion in financing and investment by 2025 to help combat climate change.

They promised $100billion of finance for low-carbon technology and sustainable development by 2025 as part its commitment to tackling climate change and other “green” goals.

They would become more transparent about risks to its business and to those of its clients from climate change by adopting recommendations made by the Task Force on Climate-Related Financial Disclosures.

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