Responding to the results on Friday, Jeanne Martin, head of banking programme at ShareAction, said: “Shareholders have sent a strong message of dissent at HSBC’s decision to weaken its approach to coal, oil and gas, undermining long-term financial resilience and feeding into climate impacts people are already facing, from flooded homes and towns to heat stress and rising costs impacting the UK economy.
HSBC sees shareholder pushback against chair at AGM amid climate action concerns
