HSBC financed climate laggards weeks before net zero target
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HSBC financed climate laggards weeks before net zero target

HSBC_Adobe_575x375_3August2020

HSBC provided $1.8bn of financing to high carbon companies including Kepco, which is developing new coal plants, in just five deals in the past four months, as it prepared to announce its “net zero ambition” on October 9, an NGO has alleged.

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