The HSBC Bank (UK) Pension Scheme (the “Scheme”), one of the largest corporate pension schemes in the UK, has announced its commitment to achieve net zero greenhouse gas emissions across its £36bn Defined Benefit (DB) and open Defined Contribution (DC) assets by 2050 or sooner. This commitment is being made in the context of the Trustee’s wider efforts to manage the impact of climate change on the Scheme’s investments and the consequent impact on the financial interests of its members. This includes: targeting a real economy emissions reduction interim target…
Read MoreHSBC Bank (UK) Pension Scheme sets out plans to achieve net zero by 2050 or sooner
