HSBC AM targets start-ups with Climate Tech team

摘要

HSBC ASSET MANAGEMENT has created a Climate Technology team that will invest globally in technology start-up companies that are tackling climate change in areas such as energy, transport, insurance, agriculture and supply chains. Technology is expected to play a major role in the energy transition, and the team is targeting early investments in emerging sectors expected to provide financial and environmental value in the next decade, as the race to reduce emissions accelerates. The team will have a venture capital investment strategy and is planning to launch a new fund before the end of the year, with a planned cornerstone investment from HSBC.