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

Stephanie Baxter

11 January 2021 • 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...

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