Oh, the irony! Five months after infamously standing down its Head of Responsible Investment, Stuart Kirk, to appease a few outraged lobbyists and ‘capital market influencers’, HSBC has been allegedly engaging in a bit of greenwashing. As humorous as it is, HSBC’s blatant hypocrisy serves as a stark reminder of the risks that arise when companies give in to ‘stakeholder capitalism’ and try to appease everyone but their shareholders.
Around the time of the COP26 summit in October 2021, HSBC ran two advertisements in the UK.
Already a subscriber? Log in
Get 10 issues
for $10
Subscribe to The Spectator Australia today for the next 10 magazine issues, plus full online access, for just $10.
- Delivery of the weekly magazine
- Unlimited access to spectator.com.au and app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Or
Comments
Don't miss out
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
SUBSCRIBEAlready a subscriber? Log in