HSBC will end all funding for the coal industry by 2040, narrowly avoiding revolt among climate conscious-investors

HSBC will cut funding for the fossil fuel industry, starting with coal-fired power and mining. Activist investors withdraw their own motions and say they support HSBC's decision. Pressure has been on HSBC to cut funding to carbon-intensive sectors of the economy. See more stories on Insider's business page. HSBC said...