Market Chatter: HSBC Partners with Cathay Pacific, EcoCeres to Cut Travel-Linked Carbon Emissions

MT Newswires Live11-20 21:08

HSBC (HKG:0005) entered into a three-party deal in a bid to lower travel-related carbon emissions, South China Morning Post reported Tuesday.

The bank agreed to purchase 3,400 tons of sustainable aviation fuel from biofuel maker EcoCeres, which will be used in flights operated by flagship carrier Cathay Pacific (HKG:0293) that depart from Hong Kong International Airport, the report said.

The partnership will eliminate about 11,800 tons of carbon emissions, the news outlet reported, citing Luanne Lim, CEO of HSBC's Hong Kong operation.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2484157801?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-20 21:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2484157801","market":"nz","top_or_hot":-1,"title":"Market Chatter: HSBC Partners with Cathay Pacific, EcoCeres to Cut Travel-Linked Carbon Emissions","media":"MT Newswires Live","content":"<html><body><p> HSBC (HKG:0005) entered into a three-party deal in a bid to lower travel-related carbon emissions, South China Morning Post reported Tuesday.</p><p>The bank agreed to purchase 3,400 tons of sustainable aviation fuel from biofuel maker EcoCeres, which will be used in flights operated by flagship carrier Cathay Pacific (HKG:0293) that depart from Hong Kong International Airport, the report said.</p><p>The partnership will eliminate about 11,800 tons of carbon emissions, the news outlet reported, citing Luanne Lim, CEO of HSBC's Hong Kong operation.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: HSBC Partners with Cathay Pacific, EcoCeres to Cut Travel-Linked Carbon Emissions</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: HSBC Partners with Cathay Pacific, EcoCeres to Cut Travel-Linked Carbon Emissions\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-20 21:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HSBC (HKG:0005) entered into a three-party deal in a bid to lower travel-related carbon emissions, South China Morning Post reported Tuesday.The bank agreed to purchase 3,400 tons of sustainable ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00293","symbol_name":"国泰航空","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2484157801","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484157801","pubTimestamp":1732108085,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"HSBC  entered into a three-party deal in a bid to lower travel-related carbon emissions, South China Morning Post reported Tuesday.The bank agreed to purchase 3,400 tons of sustainable aviation fuel from biofuel maker EcoCeres, which will be used in flights operated by flagship carrier Cathay Pacific  that depart from Hong Kong International Airport, the report said.The partnership will eliminate about 11,800 tons of carbon emissions, the news outlet reported, citing Luanne Lim, CEO of HSBC's Hong Kong operation.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"513600":"恒生指数ETF","00293":"国泰航空","HSHD.SI":"HSBC HK SDR 5to1","BK4207":"综合性银行","LU0634319403.HKD":"ALLIANZ HONG KONG EQUITY \"AT\" (HKD) ACC","BK1610":"ETF&股票定投概念","LU0417516738.SGD":"Allianz Hong Kong Equity AT Acc SGD","BK1601":"香港本地股","LU0348735423.USD":"ALLIANZ HONG KONG EQUITY \"A\" (USD) INC","BK1123":"航空公司","BK4521":"英国银行股","BK4585":"ETF&股票定投概念","BK1561":"航空股","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","HSBC":"汇丰","HSBA.UK":"汇丰控股有限公司","LU0540923850.HKD":"ALLIANZ HONG KONG EQUITY \"A\" (HKD) INC","00005":"汇丰控股","LU1481107354.HKD":"HSBC GIF HONG KONG EQUITY \"AD\" (HKD) INC","BK1231":"综合性银行","LU0149721374.USD":"HSBC GIF HONG KONG EQUITY \"AD\" INC","02833":"恒指ETF","LU0164880469.USD":"HSBC GIF HONG KONG EQUITY \"AC\" ACC","HSI":"恒生指数","BK1572":"香港银行股","BK4588":"碎股","03143":"华夏香港银行股"},"translate_title":"市场热议：汇丰银行与国泰航空、EcoCeres合作减少与旅行相关的碳排放","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"513600":0.6,"00005":1,"HSBC":1,"00293":0.9,"HSI":0.9,"HSHD.SI":0.6,"HSBA.UK":0.6,"MCHmain":0.6,"HHImain":0.6,"03143":0.6,"02833":0.6},"content_text":"HSBC (HKG:0005) entered into a three-party deal in a bid to lower travel-related carbon emissions, South China Morning Post reported Tuesday.The bank agreed to purchase 3,400 tons of sustainable aviation fuel from biofuel maker EcoCeres, which will be used in flights operated by flagship carrier Cathay Pacific (HKG:0293) that depart from Hong Kong International Airport, the report said.The partnership will eliminate about 11,800 tons of carbon emissions, the news outlet reported, citing Luanne Lim, CEO of HSBC's Hong Kong operation.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484157801"}