"Investors to push #HSBC to pull out of fossil fuel investments

According to the Sunday Times, the coalition, which includes #European fund manager #Amundi and #London-listed hedge fund Man Group, is aiming to table a resolution on the issue at April’s AGM."

The campaign is being orchestrated by activist group #ShareAction, which is working for a “responsible investment system”.

https://www.cityam.com/investors-to-push-hsbc-to-pull-out-of-fossil-fuel-investments/

#News #Business #Banking #Economy #ManGroup #PostCarbonEconomy #CC #ClimateChange

Investors to push HSBC to pull out of fossil fuel investments

A group of investors is urging banking giant HSBC to reduce its financing of fossil fuels such as coal.

CityAM