Friday, April 12, 2024

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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Billionaire fortunes double in wake of Trump’s tax cuts

The report sheds light on the private equity sector, often criticized as "vulture capitalism," revealing that 45 private-equity billionaires alone have amassed a collective wealth of $210.8 billion.

Progressive coalition proposes 10-point agenda to counter fascism in 2024 election

The coalition's 10-point agenda stands as a testament to the progressive movement's resilience and its unwavering commitment to steering the nation away from the precipice of authoritarianism.

Progressive powerhouses demand urgent overhaul of America’s housing policies amidst soaring crisis

The stark reality is that half of America's renters are buckling under the weight of exorbitant monthly payments, a burden that has pushed more citizens into homelessness than ever before.
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Is it inflation? Or is it ‘greedflation?’

Inflation is dropping, but prices aren’t coming down. So how can this be?

Round table on current US foreign policy: Militarism unhinged

How would you assess the most important aspects of current U.S. foreign policy?