Banking giant HSBC has unveiled plans to invest around £250m ($328m) of its pension scheme into Britain's renewables infrastructure, joining around 30 other companies making green pledges as part of the UK government-led ‘Green GB Week’.
“Renewable energy infrastructure can provide attractive risk-adjusted returns for investors seeking predictable cash flows derived from real assets over the long term,” said Russell Picot, chair of the trustee board, HSBC Bank Pension Trust in a statement.
