HSBC to end funding for new oil and gas fields
One of the world’s biggest banks will end fossil fuel financing as part of efforts to become “net zero”. …
Jeanne Martin, head of the banking programme at ShareAction, a charity that campaigns for reducing investment for fossil fuels like oil and gas, said: “HSBC’s announcement sends a strong signal to fossil fuel giants and governments that banks’ appetite for financing new oil and gas fields is diminishing.”
About The Author
