AMWatch

HSBC ESG chief quits after criticism over ”climate nut jobs” comments

Stuart Kirk gave a conference speech in May which prompted his employer to suspend him and people in the industry to call his comments “grossly flawed”.

HSBC' AM's ESG chief Stuart Kirk departs after criticism over "climate nut jobs" comments | Photo: picture alliance / NurPhoto | Artur Widak

HSBC Asset Management’s Head of Responsible Investing Stuart Kirk has announced his departure from the firm almost two months after his conference speech about climate issues drew severe criticism from industry professionals. HSBC ended up suspending him after the talk.

Kirk announced his resignation in a lengthy Linkedin post, in which he said that the bank’s behavior towards him since his presentation at the Financial Times conference has made his position “unsustainable”.

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