ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Climate Change

HSBC shareholders vote to end coal financing in 99% landslide

One of Europe's top banks commits to phase-out by 2040, aligning with Paris Agreement

The Belchatow power station in Poland: After a shareholder vote, HSBC will join a growing movement against financing coal power projects.   © Reuters

LONDON/HONG KONG -- HSBC shareholders overwhelmingly voted to phase out coal financing by 2040 and align the bank's lending with Paris Agreement climate goals

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more