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Long held up as an example of bad bank behaviour, HSBC has also done some outstanding work in the field of CSR. Last year saw the second update to HSBC’s impressive forestry and agricultural commodities policies. Recognising that two of the biggest contributors to climate change are tropical forest clearance and the burning of coal for power, the bank has set strict standards for customers to meet on each of these matters, and stops banking those who do not comply.
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