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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

‘Shame on them’: Standard Chartered CEO decries banks that drop climate pledges

Standard Chartered Bill Winters HSBC NZBA Georges Elhedery Noel Quinn
Bill Winters, group chief executive of Standard Chartered Bank, attends a session themed
Bill Winters’s comments came weeks after HSBC became the first UK-headquartered bank to leave the Net-Zero Banking Alliance. Photograph: Xinhua/Rex/Shutterstock

The chief executive of Standard Chartered has condemned rival banks that have dropped their climate commitments amid mounting political pressure.

Speaking to journalists on Thursday, Bill Winters criticised banks that had jumped on the climate bandwagon when it was “fashionable”, but had since rolled back on their green ambitions or gone quiet on the subject.

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