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08.06 - 14:53
HSBC and Elon Musk herald a backlash over $3tn ESG boom
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fnlondon.comYou’d think the $3tn ESG market was imploding, judging from the kicking the industry got this week.
What started out as a simple presentation from an HSBC exec turned into a snowball of outrage. The bank’s responsible investment head Stuart Kirk gave a speech criticising central bankers and policymakers for hamming up climate change risks by trying to “out-hyperbole the next guy”.
It...
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