Josephine Moulds

1 week ago | thebureauinvestigates.com | Josephine Moulds

HSBC appears to have breached its own climate pledge yet again by helping to raise billions for companies expanding their coal operations. The Bureau of Investigative Journalism (TBIJ) can reveal that the bank helped raise $2.4bn last year in deals that seem to violate its phase-out policy for coal, the world’s dirtiest fossil fuel. HSBC came under fire from investors last month for doing the same in 2023.

3 weeks ago | thebureauinvestigates.com | Josephine Moulds

Equinor, the company looking to develop the Rosebank oil field in the North Sea, has funded a computer game aimed at UK school children, promoting the idea that fossil fuels are part of a green energy mix. In an unusually frank admission of lobbying children, a web page promoting the game stated that it “aligns with our work to build future talent pipelines and secure permission to operate at a time of sensitivity around fossil fuels, particularly in light of . . . the Rosebank development".

1 month ago | independent.co.uk | Nick Ferris |Josephine Moulds

New analysis from the Bureau of Investigative Journalism and The Independent has found that in May 2023 the bank helped raise funds for the mining giant despite climate promisesHSBC has been accused of “bulldozing” through one of its key climate pledges by helping raise $1 billion (£750bn) for the mining giant Glencore. Following pressure from climate-conscious investors, HSBC promised in December 2021 to stop funding companies that were increasing coal production.

1 month ago | thebureauinvestigates.com | Josephine Moulds

HSBC appears to have broken its own green pledge by helping raise $1bn for the mining giant Glencore, stoking anger from customers and investors. Following pressure from climate-conscious investors, HSBC promised in December 2021 to stop funding companies that were increasing coal production “as soon as possible”.

2 months ago | thebureauinvestigates.com | Josephine Moulds

If you owe the bank $100, it’s your problem. If you owe it $100m, it’s the bank’s problem – or so the saying goes. The same could be said for bank regulation. In January, the Bureau of Investigative Journalism (TBIJ) and the International Consortium of Investigative Journalists revealed that the Federal Reserve was allowing major Wall Street banks to break rules designed to prevent another financial crisis.