Merseyside and Brunel back resolution urging HSBC to cut fossil fuel exposures

clock • 3 min read

Institutional investors with $2.4trn (£1.8trn) in collective assets are calling on HSBC to reduce its exposure to fossil fuels in a resolution coordinated by ShareAction.

The group, which includes Brunel Pension Partnership and the Merseyside Pension Fund, is urging the bank to publish a strategy and targets to lower its exposure to fossil fuel assets, starting with...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Insurers invest £22.8bn towards UK productive assets since 2024 pledge

Insurers invest £22.8bn towards UK productive assets since 2024 pledge

Update marks one fifth of the way to the total pledged by the industry

Alex Levy
clock 15 September 2026 • 2 min read
Insight Investment wins £1bn fiduciary mandate

Insight Investment wins £1bn fiduciary mandate

Investment manager now runs £4.5bn across fiduciary and OCIO offering launched in 2024

Jonathan Stapleton
clock 10 September 2026 • 1 min read
PP Investment Awards 2026: Shortlists revealed!

PP Investment Awards 2026: Shortlists revealed!

The awards celebrate excellence among asset managers

Professional Pensions
clock 10 September 2026 • 4 min read
Trustpilot