HSBC Bank's UK pension scheme sets 2050 net zero target

James Phillips
clock • 2 min read
HSBC Bank UK's pension fund is the latest to set its sights on net zero financed emissions
Image:

HSBC Bank UK's pension fund is the latest to set its sights on net zero financed emissions

Interim target to halve emissions across equities and bonds by 2030 also announced by the pension scheme

HSBC Bank's UK pension scheme has today set out plans to reach net zero greenhouse gas emissions across its portfolio of savers' investments by 2050 or earlier. Covering both its defined benefit (DB)...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

View profile
More from James Phillips

Dalriada aims for net zero pension schemes by 2040 where it is sole-trustee

Make My Money Matter urges UK's 81 largest occupational pension schemes to target net zero

More on Investment

Net Zero Banking Alliance: Triodos Bank exits group in protest at weakening of 1.5C guidelines
Investment

Net Zero Banking Alliance: Triodos Bank exits group in protest at weakening of 1.5C guidelines

Ethical bank slams NZBA's decision to offer members more leeway in how they meet climate goals

Michael Holder
Michael Holder
clock 15 April 2025 • 6 min read
Net Zero Banking Alliance votes 'overwhelmingly' to loosen requirements for meeting climate goals
Investment

Net Zero Banking Alliance votes 'overwhelmingly' to loosen requirements for meeting climate goals

Decision to 'water down' standards at 120-strong global banking group criticised as short-sighted by campaigners

Michael Holder
Michael Holder
clock 15 April 2025 • 5 min read
Pension pool Border to Coast to invest £40m in UK clean energy projects
Investment

Pension pool Border to Coast to invest £40m in UK clean energy projects

Projects expected to receive support from the allocation include solar, battery storage and electric vehicle charging

Holly Roach, Professional Pensions
clock 09 April 2025 • 1 min read