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HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

We are committed to developing products that allow them to invest or participate in efforts to bring about a more sustainable global economy.". It also said it would work with the broader finance sector to create a standard to measure financed emissions and support a functioning carbon offset market. Pull Quote.

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4 ESG trends to watch in 2022

Carlos Sanchez

Countries and companies have taken responsibility for climate change and raised their carbon emissions reduction ambition. As a result, 90% of the global economy and a third of the 2,000 largest companies have net-zero pledges. Among several requirements, companies will need to reach deep decarbonization of 90-95% before 2050.