1/4/2024 0 Comments Massachusetts new lockdown![]() ![]() ![]() State House to reopen to public, with mandate visitors prove they’re vaccinated or show negative test - 8:34 p.m. “Consistent with our ESG objectives, we are putting in a permanent reduction in our approach to travel that we wouldn’t have had pre-COVID.” we are planning on at least a 50 percent reduction in travel pre-COVID to post-COVID,” Stevenson said in a phone interview. “As part of our cost plan, we don’t want to see that returning above $200 million, i.e. By last year, it was less than $60 million, according to Chief Financial Officer Ewen Stevenson. The bank said on Tuesday its emissions from business travel had fallen from 272,000 tonnes of CO2 in 2019, to 12,000 tonnes last year, shrinking from about 40 percent of the bank’s overall greenhouse gas emissions to 3.5 percent.īack in 2019, HSBC’s travel and entertainment budget was around $400 million. The bank has said it will become a net zero emitter by 2030 and provide as much as $1 trillion of finance to help its clients reduce their carbon footprint. The collapse in business travel is proving handy to HSBC’s efforts to cut its carbon emissions and help finance the world’s transition away from fossil fuels. Its staff traveled 28.5 million km in the air last year, down 87 percent from 2020, and 96 percent from 2019, according to figures published Tuesday alongside the bank’s fourth-quarter results. So far, the EU has authorized the COVID-19 vaccines developed by Pfizer-BioNTech, Moderna, AstraZeneca, Johnson & Johnson, and Novavax.Įven as nations relax their COVID-19 travel curbs, HSBC has continued to drastically scale back plane trips, mostly on long-haul routes. Travelers who received vaccines that were approved but WHO but are not authorized for use in the EU may still be asked to present a negative PCR test or to quarantine, the European Council said. “The updates will further facilitate travel from outside the EU into the EU, and take into account the evolution of the pandemic, the increasing vaccination uptake worldwide and the administration of booster doses,” the European Commission said. The EU’s executive commission welcomed the non-binding guidance, which also makes clear that no test or additional requirements should be applied to children under 6 who are traveling with an adult. Individuals who received the last dose of their primary vaccination series at least 14 days and no more than 270 days before arrival, or who have received a booster dose, would be eligible along with those who recovered from COVID-19 within 180 days of travel. ![]()
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