Climate Promises with a Side of Petroleum

When we took a visit to William Fry we learned about HSBC’s greenwashing campaign where the ads regarding their efforts to reduce harmful emissions and ultimately become net zero was found to be a case of greenwashing. We found out not only were their intentions not genuine, but they also contributed billions of dollars into gas and oil production since 2016.

You think that was bad? HSBC’s global head of responsible investing at the bank’s asset management division, Stuart Kirk, said, “There’s always some nut job telling me about the end of the world.” and “Who cares if Miami is six metres underwater in 100 years? Amsterdam has been six metres underwater for ages and that’s a really nice place.” This just really shows how disconnected some people in charge can be, especially the ones who are supposed to care about these issues.

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