HSBC Launches Climate Change Index

Seems like every financial institution is getting on climate change and socially responsible investing. Somehow I think they are a bit ahead of most investors. I’d be much more interested in data about companies that see themselves as responsible for the planet and how they perform financially versus companies that exist only to reward their executives.

HSBC Logo New YorkThe HSBC Index tracks 300 companies worldwide that make money from fighting climate change, such as wind turbine and solar panel manufacturers and biofuel companies.

Financial Times Article about HSBC Global Climate Change Index.

Thanks ThePanelist reader Steve K. for bringing this one to our attention.