Nicolas Moreau, chief executive of HSBC Asset Management, said that the remarks did not represent the bank’s views.

The electric carmaker was dropped from the widely followed S&P 500 ESG Index because of issues of racial discrimination and crashes linked to its autopilot

Only 20-25% of the world's listed companies are on course to hit the global target, sustainability data chief says, despite boards pledging to act amid growing regulatory, investor pressure