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HSBC Group has announced its ambitious plan to help build a net zero global economy, and committed financing and investment to help create a sustainable future for businesses and society.
This climate plan* has three elements:
- Achieve net zero in HSBC’s operations and supply chain by 2030 or sooner;
- Dedicate $750bn - $1trn of finance and investment by 2030 to help customers transition;
- Unlock next-generation climate solutions
Additionally, last year, the Group was named the World’s Best Bank for Sustainable Finance by Euromoney for the second consecutive time and this year HSBC has committed to phase out the financing of coal by 2030 for EU and OECD countries and by 2040 for the rest of the World. Locally in Luxembourg,...
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