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| Version 1 | Version 2 |
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| HSBC in $100m climate initiative | HSBC in $100m climate initiative |
| (20 minutes later) | |
| HSBC is backing a $100m (£50m) initiative to tackle climate change. | HSBC is backing a $100m (£50m) initiative to tackle climate change. |
| The UK's largest bank is joining forces with charities and environmental groups to try to address some of the global causes and effects of climate change. | The UK's largest bank is joining forces with charities and environmental groups to try to address some of the global causes and effects of climate change. |
| The partnership will fund efforts to protect the world's most important rivers and identify how cities can respond to environmental threats. | The partnership will fund efforts to protect the world's most important rivers and identify how cities can respond to environmental threats. |
| HSBC said it would create "a green taskforce", ensuring climate awareness was central to its own business. | HSBC said it would create "a green taskforce", ensuring climate awareness was central to its own business. |
| HSBC is the latest UK company to pledge changes to the way it does business to prioritise environmental concerns. | HSBC is the latest UK company to pledge changes to the way it does business to prioritise environmental concerns. |
| 'Profound move' | 'Profound move' |
| HSBC is teaming up with climate campaigners the Climate Group, environmental groups the Earthwatch Institute and the Smithsonian Tropical Research Institute, and the conservation charity WWF in a five-year arrangement. | HSBC is teaming up with climate campaigners the Climate Group, environmental groups the Earthwatch Institute and the Smithsonian Tropical Research Institute, and the conservation charity WWF in a five-year arrangement. |
| We believe we can tackle the causes and impacts of climate change HSBC chairman Stephen Green | We believe we can tackle the causes and impacts of climate change HSBC chairman Stephen Green |
| By giving donations totalling $100m to the four bodies, HSBC said it would enable them to expand their research into climate change and undertake work in new countries. | By giving donations totalling $100m to the four bodies, HSBC said it would enable them to expand their research into climate change and undertake work in new countries. |
| Priorities include conducting a major research exercise examining the impact of climate change on the world's largest forests. | Priorities include conducting a major research exercise examining the impact of climate change on the world's largest forests. |
| HSBC chairman Stephen Green said he believed the partnership would achieve something "profoundly important". | HSBC chairman Stephen Green said he believed the partnership would achieve something "profoundly important". |
| "By working with four of the world's most respected environmental organisations, we believe we can tackle the causes and impacts of climate change," he said. | "By working with four of the world's most respected environmental organisations, we believe we can tackle the causes and impacts of climate change," he said. |
| "Over the next five years HSBC will make responding to climate change central to our business operations and at the heart of the way we work with our clients." | "Over the next five years HSBC will make responding to climate change central to our business operations and at the heart of the way we work with our clients." |
| The Climate Group said its funding would be used to speed up action against global warming in five of the world's most polluted cities - London, New York, Hong Kong, Mumbai and Shanghai. | The Climate Group said its funding would be used to speed up action against global warming in five of the world's most polluted cities - London, New York, Hong Kong, Mumbai and Shanghai. |
| "Many of the solutions lie in cities," said its chief executive Steve Howard. | |
| "We have a short period of time left to take action." |