Who gains from saving nature
Ledger 1 : 33 — For each dollar financing nature-based solutions in 2023, about $33 financed activities harmful to nature. (UNEP)
Actors / Bank · United Kingdom

HSBC

Appears in 4 cases in this database. Roles as given in the documented record.

CaseRoleCountryPeriodInstrument
Microsoft forestry carbon deals and the Apple Restore FundPartner in Climate Asset ManagementBrazil2024Carbon credits
Net Zero Banking Alliance exits and closureNZBA founder; left July 2025International2023–2026Lobbying, PR and greenwashing
UK ad regulator bans HSBC '2 million trees' advert after 45 complaintsadvertiser; advert bannedUnited Kingdom2022Lobbying, PR and greenwashing
WWF-UK corporate income falls to GBP 10.6m as charity consults on 90 job cutsCorporate partner whose partnership ended or was scaled backUnited Kingdom2024–2025Agriculture, livestock and food

Carbon and conservation finance

Carbon credit
A certificate representing one tonne of carbon dioxide (or equivalent) that a project says it reduced, avoided or removed. Buyers use credits to balance their own emissions in climate claims.