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Investegate |HSBC Holdings PLC Announcements | HSBC Holdings PLC: Poll results of 2021 Annual General Meeting

Arrival Announces Two New Members to Global Board of Directors

Arrival Announces Two New Members to Global Board of Directors
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HSBC Plans Resolution On Climate Change, Names New Director

HSBC Plans Resolution On Climate Change, Names New Director LONDON (dpa-AFX) - British bank HSBC Holdings Plc (HSBA.L, HSBC) announced on Thursday that the company plans to bring a special resolution on climate change at its Annual General Meeting or AGM, to be held on 28 May. This resolution is part of the company s transition process to net zero carbon emissions. As per the resolution, the company will decide upon a science-based strategy to align its provision of finance to the Paris Agreement goals. The company will also implement a policy to phase out financing of coal-fired power and thermal coal mining by 2030 in European Union markets and by 2040 in other markets.

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