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HSBC exits banks’ climate coalition abandoned by Wall Street

HSBC has left the world’s biggest climate alliance for banks, which was rocked earlier in the year by an exodus of many of its largest members.

HSBC said the Net-Zero Banking Alliance (NZBA) played an important role in helping develop frameworks for setting emissions-reduction targets.

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    Original URL: https://www.afr.com/companies/financial-services/hsbc-exits-banks-climate-coalition-abandoned-by-wall-street-20250712-p5meg7