Stuart Kirk has resigned from his role as global head of sustainable investments at HSBC Global Asset Management, claiming the firm’s behaviour has made his position “unsustainable”.
In a post on LinkedIn, Kirk blamed the conduct of HSBC since his Miami speech in May and asserted that he had enjoyed a 27-year "unblemished record" across his roles in finance, journalism and consulting up until this moment. HSBC AM global head of responsible investing: 'Who cares if Miami is six metres under water in 100 years?' He also took a parting swipe at both HSBC and the ESG movement across finance: "Investing is hard. So is saving our planet. Opinions on both differ. But humanity's best chance of success is open and honest debate. If companies believe in diversity and spe...
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