Leadership Transition at HSBC HSBC has announced the appointment of Julian Wentzel as Interim Group Chief Sustainability Officer, effective January 1, 2025. Wentzel, currently Head of Global Banking for the...
A Major Step Toward Sustainability HSBC Hong Kong, Cathay Pacific, and EcoCeres have joined forces to launch Hong Kong’s most significant initiative to date in promoting sustainable aviation fuel (SAF)....
Expanding Climate Tech Support HSBC has deepened its collaboration with Google Cloud, launching new initiatives to support the burgeoning climate tech sector. This partnership, particularly through the Google Cloud Ready...
Driving Sustainable Growth in Emerging Markets The International Finance Corporation (IFC), a member of the World Bank Group, and HSBC Asset Management (HSBC AM) have deepened their partnership by establishing...
HSBC Asset Management (HSBC AM) expands its private credit capabilities by launching the Global Transition Infrastructure Debt and European Senior Direct Lending strategies, further scaling its USD 6.5 billion global...
Iberdrola has secured a €500 million syndicated green loan with ICO, Sabadell, and HSBC, covered by Cesce through its Green Investment Policy on behalf of the State. The loan, guaranteed...
HSBC’s New Green Initiative HSBC has unveiled HSBC Infrastructure Finance (HIF), a new unit aimed at tapping into climate-focused infrastructure and project finance opportunities. The unit will be headed by...
The World Bank (International Bank for Reconstruction and Development, IBRD) has mandated HSBC to structure a new outcome bond to address reforestation efforts in the Brazilian Amazon region. This principal...
HSBC announced a partnership with Google Cloud to accelerate climate mitigation and resilience through financing and support for companies in the Google Cloud Ready – Sustainability (GCR-Sustainability) programme. GCR-Sustainability is a validation...
Following through on its 2020 net zero ambitions, HSBC has released its inaugural Net Zero Transition Plan, outlining its roadmap for financing and supporting the global transition to a low-carbon...
Abu Dhabi will host a pioneering Global Climate Finance Centre (GCFC), that will accelerate the development of climate finance frameworks and skills, and champion best practices in the UAE and globally. The...
HSBC Holdings, one of the world’s largest banks, has announced plans to allocate $1 billion in financing to support climate-tech startup companies around the world. The financing is expected to...
A new fund with Climate Asset Management adds another option for securing high-impact, scalable, nature-based carbon removal offsets Apple announced a major expansion of its Restore Fund, doubling the company’s...
HSBC Global Asset Management (Canada) Limited, manager of the HSBC Mutual Funds, announced the closure of the HSBC Sustainable Balanced Fund. The Fund will close on or about 30 December...
“Fundraising for a new strategy, a new company in a new asset class takes a while.” Investors have committed $650 million to two so-called natural capital funds backed by HSBC Asset...
HSBC has launched HSBC Trade Solutions (HTS) to customers in its two largest markets – the UK and Hong Kong. Whilst making trade simpler, faster, and safer for customers through integrated...
Financing for the Mexican state-owned oil giant would be linked to carbon emissions reduction goals Pemex has been under increasing investor pressure to improve environmental track record Spread on Pemex...
Active funds to exclude thermal coal companies by 2030 in the EU and OECD, and globally by 2040 Stronger engagement with company management that could result in voting against the...
Wu to lead on climate strategy in Asia-Pacific Milo Sjardin joins as Head of Climate Analytics Susannah Fitzherbert-Brockholes joins in London HSBC has hired Justin Wu as its first co-head of...
Pentagreen Capital aims to accelerate development of Asian sustainable infrastructure Sustainable infrastructure debt financing company Pentagreen Capital, which is backed by HSBC and Singapore state fund Temasek, has opened its...