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Home / News / Environmental Social And Governance

HSBC's suspended banker taken to task by key architect of ESG

Environmental, Social and Governance

HSBC's suspended banker taken to task by key architect of ESG

Bloomberg Published on Tue, May 24, 2022 / 10:15 PM GMT+8

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As the ESG industry digests the outburst from a senior banker at HSBC Holdings Plc, an early proponent of the environmental, social and governance movement is taking the opportunity to set the record straight.

Paul Clements-Hunt, the man who helped coin the acronym ESG in the mid-2000s, has characterized the comments by HSBC’s now-suspended Stuart Kirk as being out of touch with science.

“He represents yesterday’s bank executive,” Clements-Hunt said in an interview. “Ninety-five percent of the world’s scientists agree that climate is a huge risk.”

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HSBC's suspended banker taken to task by key architect of ESG

Environmental, Social and Governance

HSBC's suspended banker taken to task by key architect of ESG

Primary tabs

Error message

HSBC's suspended banker taken to task by key architect of ESG

Environmental, Social and Governance

HSBC's suspended banker taken to task by key architect of ESG

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