HSBC, Other Banks Set Climate Targets for Loans, Investments (1)

摘要

HSBC Holdings Plc, Societe Generale SA, BNP Paribas SA and other banks, insurance companies and financial firms around the world moved a step closer to reducing their contributions to greenhouse-gas emissions. Fifty-five firms have committed to a framework released Thursday for setting climate goals specific to mortgages, bonds and other asset classes in their portfolios, said the Science Based Targets initiative, a consortium that developed the framework. The SBTi has been helping companiesfigure out how they should change their operations, such as energy usage in factories and offices, to align with the 2015 Paris climate agreement, which asks countries to aim to limit Earth’s temperature increase to no more than 1.5 degrees Celsius (2.7 degrees Fahrenheit). The consortium is now zeroing in on how financial firms should change their lending and investing activities.