{"id":470043,"date":"2022-02-23T08:50:48","date_gmt":"2022-02-23T03:20:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=470043"},"modified":"2022-02-23T09:09:57","modified_gmt":"2022-02-23T03:39:57","slug":"hsbc-sets-target-of-34-cut-to-emissions-from-oil-and-gas-clients-by-2030","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hsbc-sets-target-of-34-cut-to-emissions-from-oil-and-gas-clients-by-2030\/","title":{"rendered":"HSBC sets target of 34% cut to emissions from oil and gas clients by 2030"},"content":{"rendered":"<p>HSBC aims to cut emissions associated with loans made to its oil and gas clients by 34% this decade, the bank&#8217;s sustainability chief told Reuters, marking the first time that Britain&#8217;s biggest lender has committed to such a target.<\/p>\n<p>More than 100 banks have pledged to reach net zero carbon emissions by 2050 and are under pressure to provide details on the deep shorter-term cuts to &#8220;financed emissions&#8221; that are needed if banks are to have any chance of meeting their goal. &#8220;This is rewiring the way we make financing and investment decisions from here on in,&#8221; Group Chief Sustainability Officer Celine Herweijer said of HSBC&#8217;s 2030 targets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HSBC aims to cut emissions associated with loans made to its oil and gas clients by 34% this decade, the bank&#8217;s sustainability chief told Reuters, marking the first time that Britain&#8217;s biggest lender has committed to such a target. More than 100 banks have pledged to reach net zero carbon emissions by 2050 and are under pressure to provide details on the deep shorter-term cuts to &#8220;financed emissions&#8221; that are needed if banks are to have any chance of meeting their goal. &#8220;This is rewiring the way we make financing and investment decisions from here on in,&#8221; Group Chief Sustainability [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-470043","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/470043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=470043"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/470043\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=470043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=470043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=470043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}