Greenpeace finds loophole in HSBC Green

Environmental charity Greenpeace has made claims that HSBC’s investment arm is sidestepping the bank’s environmental guidelines by holding shares in a company accused of destroying Indonesian forests and peatland. The Greenpeace campaign points to the bank’s Global Investment Funds 2009 annual report as evidence that its Global Climate Change Fund is investing heavily in Golden …

HSBC Green Initiative falls flat when 32 Facilities violate EPA

Yesterday we wrote about HSBC violations of the Americans With Disabilities Act. Today we present HSBC violations of the Clean Water Act, Clean Air Act, and other EPA violations. At least thirty-two facilities were in violation. This news is shocking because HSBC has been pushing a “green initiative” for a year or more. Trying to …

Musicians Friend and HSBC go green but fail to email statements

A Kansas customer of Musician’s Friend said: “Seems a new trick for those of us that went “green” and eliminated mailed Musicians Friend HSBC statements is: They quit e-mailing out statements, and hammer you with a late charge. I’m curious how many they pulled this on and made major income?” That is a very good …