News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Commentary

Former HSBC sustainability head: How to stop an ESG culture war

Tesla’s exclusion from the S&P 500 ESG Index, while ExxonMobil remained, is a prime example highlighting the shortcomings of single ESG ratings

Better data is key to solving a growing divide
Better data is key to solving a growing divide Photo: Getty Images

Daniel Klier is HSBC’s former global head of sustainability and CEO of ESG Book

“Climate change is not a financial risk we need to worry about,” according to HSBC’s Stuart Kirk. Agree or disagree, there’s no doubt Kirk has opened a debate that sustainable finance urgently needs. 

WSJ Logo