Trading

HSBC plans trader hires as part of first foray into carbon market

Bank looks to build on transition to net zero with high-quality carbon market credits

HSBC recently posted a job opening for a carbon trader in a market that could ‘could see significant growth and mature’
HSBC recently posted a job opening for a carbon trader in a market that could ‘could see significant growth and mature’ Photo: Chris Ratcliffe/Getty Images

HSBC is looking to enter the voluntary carbon market for the first time, joining Citigroup, BP and Shell as the market for climate-related financial products heats up.

The bank recently posted a job opening for a carbon trader as it sees opportunities in developing carbon financial products.

WSJ Logo