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. Many UN documents say emissions should be cut by 45 percent by 2030. degrees Celsius, or 2.7
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