ESG & Investing
HSBC Boss Finds Himself on His Own as Big-Bank Peers Skip COP27
Instead of headline-grabbing announcements, finance executives discussed unglamorous details of how to actually deliver on their net-zero commitments.
Attendees arrive at the COP27 climate conference in Sharm El-Sheikh, Egypt.
Photographer: Islam Safwat/BloombergThis article is for subscribers only.
The room was cramped, the microphone unsteady and HSBC Holdings Plc’s Noel Quinn was the only major bank CEO there.
Wednesday was Finance Day at COP27 in Sharm El-Sheikh, Egypt, when the United Nations climate talks shifted from discussing carbon dioxide in the air and ravaged communities and ecosytems on the ground to the dollars in bank accounts and investment portfolios that can be put to work to fund the transition to clean energy.