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Banking Environment Initiative welcomes HSBC

last modified Jun 27, 2017 11:54 AM
8 June 2017 – The Banking Environment Initiative (BEI) welcomes its newest member, HSBC, to its membership of 12 global banks working to lead the banking industry in directing capital towards socially and environmentally sustainable economic development.

Stuart Gulliver, Group Chief Executive at HSBC said:

“Major injections of private capital are required to finance the transition to a low carbon economy, and banks have a responsibility to help direct this flow of investment to the areas of greatest need. HSBC is working with our clients and other financial institutions to help them allocate and direct finance towards sustainable activities, and we look forward to working with BEI members towards our shared objectives.”

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Thomas Verhagen, Senior Programme Manager