HSBC scheme sets 2050 net-zero target for DB and DC

Interim target to halve emissions across equities and bonds by 2030

James Phillips
clock • 1 min read
HSBC scheme sets 2050 net-zero target for DB and DC

The HSBC Bank (UK) Pension Scheme has set out plans to reach a net-zero greenhouse gas position by 2050 or earlier.

In making the target for both its defined benefit (DB) and open defined contribution (DC) assets, the scheme is also targeting a 50% emissions reduction for equities and corporate bonds. By 2030...

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