HSBC climate credentials in firing line as asset managers file shareholder resolution Investors call for decarbonisation plans The bank has been urged to set a "clear timetable for emission reductions" HSBC is facing a shareholder resolution filed in co-ordination with 117 shareholders, including Man Group, Sarasin & Partners and Amundi, targeting the bank's substantial exposure to fossil fuel assets and its compliance with the Paris Climate goals. The investors, which together represent $2.4trn in AUM, are calling on HSBC to publish a strategy and targets to reduce its exposure to fossil fuel assets, starting with coal, on a timeline consistent... To continue reading...