Chaoni Huang appointed to lead Asia Pacific sustainable finance for HSBC

She moves from BNP Paribas, where she was Asia Pacific head of sustainable capital markets.

Chaoni Huang, HSBC
In her new role for HSBC, Chaoni Huang will focus on driving HSBC’s strategy to support clients as they decarbonise and catalysing emerging climate tech. Image: LinkedIn

She takes on the role of managing director, head of sustainable finance and transition, Asia, based in Hong Kong, effective from 2 January.

Huang said in a LinkedIn post on Monday that in her role she will support clients as they decarbonise, scaling the transition ecosystem in Asia, and catalysing emerging climate tech.

She will report to HSBC’s London-based global head of sustainable finance and transition, Natalie Blythe.

Huang joins a firm that reported a 19 per cent increase in deals that it categorises as sustainable finance, amounting to US$54.1 billion in the first half of last year, according to Bloomberg. HSBC has provided US$448 billion in sustainable finance since the beginning of 2020, with a 2030 goal of between US$750 billion and US$1 trillion.

HSBC, which was one of the first global banks to set a net zero by 2050 ambition, revised its climate targets in November. The bank announced in July that it would exit the Net Zero Banking Alliance, a club of banks committed to net zero by 2050 established in 2021.

Eco-Business understands that BNP Paribas has started the search for a replacement for Huang.

The French bank hired Huang from Natixis, the corporate and investment banking arm of French firm Groupe BPCE, in 2019. Prior to a role as Asia Pacific executive director of green and sustainable solutions for Natixis, Huang worked for S&P Trucost, MSCI and the United Nations. She is the executive vice president of the Hong Kong Green Finance Association.

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