Climate activists disrupt HSBC’s annual meeting over net-zero policies, sing parody of ABBA’s ‘Money, Money, Money’
- Campaigners argue HSBC should stop financing fossil fuel companies entirely
- Climate activists gathered outside meeting venue wearing top hats and drinking out of champagne flutes
Annual meetings can often be quite lively in Britain, with campaigners planning elaborate protests, including fancy dress costumes and props. But social distancing restrictions to control the coronavirus pandemic in the United Kingdom have restricted attendance in recent years.
Friday’s meeting was no exception, with climate activists wearing top hats and drinking out of champagne flutes outside the meeting venue. Later, about a dozen activists in the audience disrupted the meeting for almost five minutes by singing a parody of ABBA’s “Money, Money, Money”.
“We believe that we can make the most significant impact by working with our customers to support their transition to a net zero future,” Mark Tucker, the HSBC chairman, said. “We intend to set targets on a sector-by-sector basis that are consistent with net zero outcomes by 2050. We are particularly focused on supporting our carbon intensive clients to do this.”