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    HSBC facing shareholder pressure over green finance ahead of AGM

    by Rebecca Speare-Cole May 02, 2024 2 minutes
    Source: PA Archive

    HSBC is facing pressure from shareholders over green finance ahead of its annual general meeting (AGM).

    ShareAction, which campaigns for responsible investment, said it plans to read out a statement at the meeting on Friday on behalf of a coalition of shareholders amid transparency concerns.

    The charity said it will ask the bank to set out how exactly they intend to use the 1 trillion US dollars (£799 billion) they have pledged to spend on green finance by 2030.

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