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HSBC exec said: ‘Who cares if Miami is six metres underwater in 100 years?’ — now he’s suspended
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fnlondon.comHSBC has suspended its asset management arm's global head of responsible investing following comments he made about climate change at a London conference last week — remarks that have drawn criticism from the bank's chief executive and other senior leaders.
Stuart Kirk, who was speaking at a Financial Times Moral Money conference in London on 19 May, gave a speech titled “why investors need not worry about climate risk” in which he criticised central bankers and policymakers for overstating climate risks by trying to “out-hyperbole...
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