HSBC set to be accused of greenwashing by Advertising Standards Authority - reports

Bank omits ‘significant information’

James Baxter-Derrington
clock • 1 min read
"In the context of the UK and other nations”, the phaseout of fossil fuel financing by HSBC was “slow”.
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"In the context of the UK and other nations”, the phaseout of fossil fuel financing by HSBC was “slow”.

HSBC is set to face accusations of greenwashing from the Advertising Standards Authority over recent adverts regarding its role in the climate change crisis.

According to a draft recommendation reported on by the Financial Times, the bank has been deemed to have misled customers in two separate adverts promoting its green initiatives, while excluding information...

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