From the BBC:
HSBC has reportedly suspended a senior executive who accused central bankers and other officials of exaggerating the financial risks of climate change... During the 15-minute address at the FT Moral Money Summit, Mr Kirk said "Climate change is not a financial risk that we need to worry about."
"Unsubstantiated, shrill, partisan, self-serving, apocalyptic warnings are ALWAYS wrong," a slide shown as part of the presentation said... Later in the presentation, he said: "Who cares if Miami is six metres underwater in 100 years? Amsterdam has been six metres underwater for ages and that's a really nice place."
In cases of transgression, thine employer shalt say Three Hail Mary's and beg for forgiveness:
... a spokesperson shared a statement by HSBC Asset Management chief executive Nicolas Moreau referring to climate change as "one of the most serious emergencies facing the planet... HSBC Asset Management is committed to driving the transition to a sustainable global economy and has a fiduciary responsibility to ensure its clients' monies are managed for positive long-term environmental and social outcomes."
Amen.
Debate Magazine
