Wealth and Asset Management
Schroders and Edentree haul HSBC over the coals
Fund managers Schroders, Edentree and Hermes EOS are among those demanding that HSBC ceases to finance coal power plants anywhere in the world. The groups wrote a letter to the bank on Wednesday in a co-ordinated engagement approach with investor lobbying group Shareaction. “We expect that financing new coal-fired power…
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