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  • Writer's pictureGustavo Bernal Torres

Global Banks Set Climate Targets for Loans and Investments

Global banks and insurance companies move closer to climate targets for loans and investments-

  • Fifty-five firms including HSBC Holdings Plc, Societe Generale SA, BNP Paribas SA and others committed to the Science Based Targets initiative.

  • The SBTi is a consortium that developed a framework to help companies figure out how they should change their operations to align with the 2015 Paris climate agreement.

Source: https://finance.yahoo.com/news/hsbc-other-banks-set-climate-185717734.html

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