U.S., Nov. 20 -- With recent reports highlighting that Canada is currently on track to miss the UN's Sustainable Development Goals for 2030, the Canadian arm of British banking giant HSBC has stepped in with an array of Green Finance products aimed at driving sustainability across the country.
The new products, available to organisations of all sizes, include term loans, commercial mortgages and leasing products, with the minimum Green Loan standing at CA$500,000. According to HSBC Canada, these products are the first of their kind to meet the standards of the Loan Market Association's Green Loan Principles which themselves outline "a consistent methodology for use across the wholesale green loan market".
HSBC has made a global commitment...