Former UN climate chief: HSBC speech 'one of the most irresponsible public statements heard in years'

The recent outrageous speech of Stuark Kirk, ostensibly the head of ‘responsible' investing for HSBC Asset Management, was not only misinformed and misguided - his many fallacies have already been made clear - it is one of the most irresponsible public statements we have heard in years. While some voices at HSBC sought to demurely distance themselves from the speech, the bank's clients are left wondering where this puts the HSBC Global Equity Climate Change Fund of Funds, its membership in the Net Zero Asset Managers Initiative, along with all the climate ambition statements made by No...