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Investegate announcements from Annual Financial Report - Part 2

Investegate announcements from HSBC Holdings PLC, Annual Financial Report - Part 2

Large banks and asset managers who collectively control trillions are forming alliances to ensure the world gets to net zero GHG emissions before it's too late.

Date Time Share Mark Carney, UN Race to Zero campaign and COP26 Presidency launch Net Zero Financial Alliance with world’s biggest banks The Glasgow Financial Alliance for Net Zero (GFANZ), chaired by Mark Carney, UN Special Envoy on Climate Action and Finance, unites over 160 firms (together responsible for assets in excess of US$70 trillion) from the leading net zero initiatives across the financial system to accelerate the transition to net zero emissions by 2050 at the latest. All GFANZ member alliances must be accredited by the UN Race to Zero campaign. They must use science-based gu...

BreakingviewsGuest view: Getting finance in shape for COP26 Reuters 7 minutes read Mark Carney makes a keynote address to launch the private finance agenda for the 2020 United Nations Climate Change Conference (COP26) at Guildhall in London, Britain February 27, 2020. Achieving a net-zero economy will require changing every part of it. If this sounds like a huge task, that’s because it is. Net-zero means leaving behind the factor that has been both the engine of the global economy and is now the biggest threat to its stability: carbon. Can it be done? Yes. But to get there, every compan...