Friday, July 11, 2025

Tag: HSBC

HSBC plans to close Asian coal plants to curb emissions—while also...

Bank accused of greenwashing ahead of COP26 for backing scheme while being world’s 13th biggest funder of fossil fuels

HSBC to phase out coal financing after shareholder vote

“We’re delighted that our campaign has resulted in a binding commitment by HSBC to phase out coal, but the devil is in the detail and the next six months are crucial to ensure that this commitment is translated into robust sector policies.”

New HSBC-backed coal plants will contribute to 19,000 deaths annually, new...

Researchers said the total health impacts of the plants could amount to $6.2 billion a year.

HSBC will no longer fund fossil fuel industry

HSBC is among other banks, such as BNP Paribas, to take such critical action against climate change.

HSBC Whistleblower Sentenced to 5 Years in Prison

HSBC whistleblower Hervé Falciani was sentenced to five years in prison for aggravated industrial espionage. Instead of using the data he acquired for financial gain, Falciani ended up assisting multiple governments in exposing wealthy tax dodgers and criminal organizations.

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Noem calls to eliminate FEMA after delaying Texas flood response by days

FEMA officials say Kristi Noem’s own approval policy caused life-threatening delays before she used them to justify dismantling the agency.

A new far-right American party?

Elon Musk has disrupted Silicon Valley, the electric car industry, and the U.S. government. What is his next target: democracy?

Melting glaciers could lead to more frequent and explosive volcanic eruptions: Study

The process—already seen in Iceland—makes volcanic eruptions more frequent and powerful, according to new research conducted in the Chilean Andes.

Millions of tons of invisible nanoplastics found polluting North Atlantic Ocean

New research finds an estimated 27 million tons of nanoplastics in the North Atlantic, raising concerns for marine ecosystems and human health.

The Texas flash flood is a preview of the chaos to come

Climate change is making disasters more common, more deadly and far more costly, even as the federal government is running away from the policies that might begin to protect the nation.