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
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
