HSBC Looks to ‘Walking the Talk’ And Align Action with #NetZero Commitment
News out from HSBC today is worth a big cheer! The international #financial conglomerate has now confirmed it will not provide funding to new #oilandgas fields given licenses by the government after 2021. It’s ‘walking the talk’ and aligning its action with #NetZero commitment.
One hopes that HSBC’s announcement and its global #leadership role within #financialservices will act as a signal to other big #banks that there needs to be a halt to funding new oil and gas fields.
For now one celebrates that HSBC is taking the much needed step and looks forward to bigger, bolder leaps from them and other financial institutions to drive a #better, #sustainable future.
#energy #climatechange #sustainability #climateaction #betterbusiness #racetozero #sustainablebusiness
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