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Investors urge HSBC to set green finance targets at AGM

ShareAction has convened a coalition of 15 investors to ask HSBC to clarify how its green finance target will be spent to support environmental and social goals © Samsul Said/Bloomberg
ShareAction has convened a coalition of 15 investors to ask HSBC to clarify how its green finance target will be spent to support environmental and social goals © Samsul Said/Bloomberg

An investor coalition with $892bn in assets under management wants greater transparency from HSBC

HSBC is being lobbied by an investor coalition at its annual meeting to set a funding target for renewable energy, amid accusations that its current commitments are too vague.

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