Banks Continue to Prop Up the Fossil Fuel Industry
Union of Concerned Scientists
FEBRUARY 5, 2024
Some of HSBC’s dealings were on behalf of Saudi Aramco, the world’s second-ranked company in Fortune’s Global 500 and often dubbed the world’s biggest polluter for being the largest corporate emitter of greenhouse gases. All of that is on top of reports earlier in 2023 by consortiums of environmental groups. degrees Celsius, or 2.7
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