Financial Services Task Force
About the Task Force
The Financial Services Task Force (FSTF) is chaired by Noel Quinn, Group Chief Executive of HSBC. Its members are drawn from across the banking industry.
Committed to change
The financial services industry plays an important role in the transition to a net-zero economy. Recognising this, its member organisations are committed to mobilising finance, and working with customers to support their transition.
The Task Force's work is focused on:
Accelerating investment and scaling infrastructure;
Climate solutions and natural capital;
Common principles to achieve net zero carbon emissions.
News from the Financial Services Task Force
Coalition of Banks Launch Guide to Industry Transition to Net Zero
The Role of Banks in Catalysing the Voluntary Carbon Markets
The Financial Services Task Force Endorsement of FAST-Infra Sustainable Infrastructure Label
Open letter of support – FAST-Infra label consultation
22 July 2021: The Sustainable Markets Initiative's Financial Services Task Force announces its strategic partnership with a new scheme, developed by the ‘FAST-Infra’ initiative (Finance to Accelerate the Sustainable Transition): designed to help close the trillion-dollar sustainable infrastructure gap. It is a priority workstream within the Sustainable Markets Initiative's Financial Services Task Force (alongside the Task Force champions from the Asset Managers and Asset Owners and Insurance Task Forces).
Noel Quinn, Chairman of the FSTF and Group Chief Executive of HSBC
Climate change is bigger than any institution or industry. In coming together, we recognise the critical role our organisations play in the fight against it. The Financial Services Task Force is committed to accelerating efforts within the banking sector, recognising its catalytic role across all industries, to move towards a net-zero economy.
Financing Coastal Nature-based Solutions
This practitioner’s guide provides practical information to build the institutional capacity in, and understanding of, coastal nature-based solutions.
FSTF Practitioners Guide
The Net Zero Practitioner’s Guide is meant to help the banking industry adopt a consistent and transparent approach to supporting clients’ transition to net zero.