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Evening Standard

Business

Rebecca Speare-Cole

EXPLAINED: Hsbc waters down 2030 climate targets for polluting sectors - The Real Truth

HSBC United Kingdom

A branch of HSBC in Tooting Broadway, London (Charlotte Ball/PA) - (PA Wire)

HSBC has softened its 2030 targets for cutting planet-heating emissions driven by the financing of polluting firms.

The UK’s biggest lender released an update on its climate policies on Thursday after carrying out a review of its near-term targets over the last few months.

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