HSBC is forming a new ESG solutions unit to provide clients with advice on sustainable investments.

Greg Guyett, Co-CEO of Global Banking & Markets, HSBC, said: “This new group will work with all our bankers across sector, product and geography to assess client needs and deliver actionable solutions which are in the best interests of our clients.” The ESG unit will form part of a new Strategic Solutions Group within the bank’s Capital Financing & Investment Banking Coverage division.

Daniel Klier, Global Head of Sustainable Finance at HSBC, added: “We aim to be the leading bank for the transition to a net-zero economy, helping to build a future in which economic growth and sustainability are well aligned.This team will allow us to rapidly grow our role in providing ESG strategies for clients so we can accelerate their ability to contribute to a low carbon future”.