HSBC to Phase Out Coal Financing After Shareholder Vote

DeSmogBlog
By Phoebe CookeMay 28, 2021, 8:42 am265 ptsTrending
Shareholders at HSBC have voted overwhelmingly to end financing of the world’s dirtiest fossil fuel, coal. Preliminary voting results showed that 99.7 percent of the bank’s shareholders voted in favour of the management-backed climate resolution at HSBC’s annual general meeting. This means the banking…

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