HSBC announces sustainable finance pledge by The Good Shopping Guide | Jul 2, 2017 | Ethical Shopping Blog | 0 comments HSBC has come under a lot of criticism in recent years, not least when it comes to the UK bank’s investments. Indeed, consistently ranked one of the least ethical banks in the UK according to our independent research, it would seem HSBC has a lot to do when it comes to improving its ethical index rating. Perhaps a step in the right direction, the bank has announced a new $100 billion dollar pledge to sustainable finance. As reported by edie.net, the pledge consists of a number of particular commitments, such as in “$100bn in climate finance, alongside a goal to source 100% renewable electricity by 2030 – with an interim target of 90% by 2025”. Read more.