HSBC to invest $100 million in environmental initiative

30 May 2007

1


UK-headquartered global financial services group HSBC is backing a $100 million initiative to tackle climate change. The group will join charities and environmental groups to try to address some of the global causes and effects of climate change.

The five-year partnership will focus on protecting the world''s most important rivers and identifying how cities can respond to environmental threats.

HSBC said it would create "a green taskforce", ensuring climate awareness was central to its own business.

 

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