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EMEA

Institutional Investors Call for “Credible” HSBC Plan to Reduce Fossil Fuel Exposure

Resolution coordinated by ShareAction asks HSBC to publish strategy for aligning with Paris climate goals 

UK-listed international bank HSBC has been urged to publish a detailed plan explaining how it will reduce its exposure to fossil fuel assets by a coalition of investors coordinated by responsible investment non-profit organisation ShareAction. The resolution is backed by 15 institutional investors with a combined US$2.4 trillion in assets…

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