HSBC Launches ‘Green Deposits’ to Help Support Decarbonization (Credit: Pixabay) HSBC today announced the introduction of Green Deposits in the United States, giving businesses an option to put cash reserves to work to support decarbonization. The funds that clients place in Green Deposits are used to finance environmentally beneficial projects. Eligible categories of green projects are aligned to the HSBC Green Bond Framework and Green Loan Principles, ensuring a portfolio of sustainable assets that meet industry standards. Green project themes include renewable energy, energy efficiency...