Climate campaigners have previously called for HSBC to end its relationship with oil and gas providers. Photo: Bloomberg
Climate campaigners have previously called for HSBC to end its relationship with oil and gas providers. Photo: Bloomberg

HSBC, under pressure on climate policies, to stop funding new oil and gas projects

  • The bank says it will still provide financing and advisory services to energy sector clients at the corporate level
  • HSBC has faced pressure from activists and shareholders to do more to address climate change

Climate campaigners have previously called for HSBC to end its relationship with oil and gas providers. Photo: Bloomberg
Climate campaigners have previously called for HSBC to end its relationship with oil and gas providers. Photo: Bloomberg
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