HSBC’s CEO Georges Elhedery and chair Mark Tucker reaffirmed the bank’s commitment to its long-term net-zero ambition at its annual general meeting (AGM) last Friday (2 May), agreeing to meet with investors but stopping short of addressing concerns about backsliding. Investors including the Ethos Foundation, Nest Corporation, LAPFF, Trinity College Cambridge, the Church of England PB, Rathbones Investment Management and Sparinvest…
HSBC chair and CEO agree to meet with investors over net-zero ambition concerns
HSBC’s CEO Georges Elhedery and chair Mark Tucker reaffirmed the bank’s commitment to its long-term net-zero ambition at its annual general meeting (AGM) last Friday (2 May), agreeing to meet with investors but stopping short of addressing concerns about backsliding. Investors including the Ethos Foundation, Nest Corporation, LAPFF, Trinity College Cambridge, the Church of England PB, Rathbones Investment Management and Sparinvest…
Defence ETFs score 72% of European ETF inflows in Q1 2025
Defence ETFs saw the most net inflows of nearly $4.2bn in the first quarter of 2025, representing 72% of total net inflows ($5.78bn) into European ETFs, according to ARK Invest Europe’s latest thematic update. Investor positioning in defence remains robust. The demand for next-gen military and aerospace technology continues to attract capital, with defence-tech firms benefiting from increased procurement budgets…