Shareholders Call on HSBC to Reaffirm Net-Zero Pledge - WSJ
1. HSBC pushed back net-zero target to 2050, alarming shareholders managing $1.6T. 2. Activist investors pressured HSBC for transparency on climate commitments. 3. ShareAction criticized HSBC's climate priorities, urging alignment with net-zero goals. 4. HSBC remains part of the Net-Zero Banking Alliance despite market changes. 5. Investor scrutiny reflects broader concerns over climate action adherence in finance.