The world's local bankHSBC is taking a number of steps and introducing new initiatives to reduce the environmental impact of its day-to-day operations.
HSBC's statement of 'Our Principles and Values' commits us to high standards of corporate behaviour, including all areas of lending, development of communities, good environmental practices, and lawful business practice.
HSBC considers potential environmental and social impacts resulting from its provision of lending and other services.
In 2004, after two years of planning and negotiation, HSBC helped finance a deal to provide nearly 1,800 Volvo buses, serving 4.5 million passengers a day in Santiago, Chile.
HSBC takes responsibility for fostering dialogue about its environmental policies both among employees and managers and externally with other companies, organisations, and governments.
Group Sustainable Development was established in 2005 to implement a sustainable development strategy which incorporates policies on the management of environmental and social risk, and sustainable business development.
HSBC set up a financial package to enable Fred Olsen Renewables Limited to develop wind farms at Rothes and Paul's Hill in Moray, Scotland. The finance package included facilities that were firsts in the UK in the renewable energy sector.
How HSBC conducts its business responsibly.