HSBC AM's 'head of irresponsible investment' condemned over climate speech

‘Totally bizarre’

James Baxter-Derrington
clock • 4 min read
Stuart Kirk , global head of responsible investing at HSBC Asset Management, whose speech on 19 May has been called into question
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Stuart Kirk , global head of responsible investing at HSBC Asset Management, whose speech on 19 May has been called into question

A presentation given by Stuart Kirk, global head of responsible investing at HSBC Asset Management, has been called into question by figures across the industry.

In the speech, Kirk questioned whether the impacts of climate change mattered and bemoaned the "amount of work these people make me do" as a result of conversations about the environment. 'Who cares if Miami is six metres under water in 100 years?' Co-founder of Fairview Investing Gavin Haynes suggested Kirk's position may be more accurately titled "head of irresponsible investment" and labelled the speech "totally bizarre". "HSBC as a group have already been under fire for their misleading approach to how they promote green initiatives," he said. "Culture in an organisation is ...

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