Our Commitment

The Climate Group

HSBC is a founding partner of The Climate Group – an independent, non-profit organisation dedicated to advancing business and government leadership on climate change – established in 2004. The Climate Group has bases in the UK, the USA, and Australia, but operates internationally.

Read more about HSBC's support of The Climate Group in the case studies on NorthSouthEastWest and The HSBC Climate Partnership.

Carbon Disclosure Project (CDP)

The Carbon Disclosure Project coordinates institutional investor collaboration regarding climate change. It aims to inform investors about the significant risks and opportunities presented by climate change while informing companies of the serious concerns of shareholders regarding the impact of these issues on company value. Since 2002, CDP has issued annual information requests to FT500 companies (starting with CDP1), on behalf of institutional investors, focused on potential shareholder value implications represented by climate change. Support has gone up from 35 signatory institutional investors for the first year's questionnaire – representing US$4.5 trillion in managed assets – to 315 signatory investors in 2007 – representing assets of over US$41 trillion. The response rate has increased from 47% to 77%.

Based on the responses received by CDP, a Climate Leadership Index of the 60 'best in class' has been created since 2004 (CDP2) and HSBC is delighted to have featured in this top 60 each year. HSBC has responded every year since CDP1 and has been a signatory from CDP2; the fifth report by the Carbon Disclosure Project was released in September 2007.