HSBC Commits $100 Billion to Combat Climate Change

HSBC Monday unveiled a raft of new commitments to fight climate change and cut the climate-related risks in its own business model. The U.K.-based bank, whose operations are increasingly concentrated in Asia, said it will make up to $100 billion available for financing low-carbon projects, while stopping the financing of mines that produce coal for power generation. It also promised to get all of its power from renewable sources by 2030.
Read more: http://fortune.com/2017/11/06/hsbc-commits-100-billion-to-combat-climate-change/?source=Snapzu