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HSBC Executive in Climate Row Quits, Attacks Corporate ‘Cancel Culture’

  • Head of responsible investing Stuart Kirk says he has resigned
  • He was suspended in May after criticizing climate ‘hyperbole’
The logo for HSBC Holdings Plc is displayed on the bank's headquarters building in Hong Kong.
The logo for HSBC Holdings Plc is displayed on the bank's headquarters building in Hong Kong.Photographer: Anthony Kwan/Bloomberg

The HSBC Holdings Plc executive at the center of a row over climate change risks has resigned from the bank as he issued a broadside against corporate “cancel culture.”

Stuart Kirk, head of responsible investing for HSBC’s asset management unit, said in a LinkedIn post on Thursday he had quit the London-based lender after concluding “the bank’s behaviour towards me since my speech at a Financial Times conference in May has made my position, well, unsustainable.”