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.
Environment and education are the two areas on which we focus our corporate donations and community sponsorship around the world. Examples include:
The HSBC Climate Partnership is a five-year, US$100 million collaboration between HSBC and The Climate Group, Earthwatch Institute, Smithsonian Tropical Research Institute and WWF, launched in 2007. For further details of this ground-breaking partnership click here.
Investing in Nature was a partnership between HSBC and Botanic Gardens Conservation International, Earthwatch Institute and WWF, which ran from 2002-2006. The partnership was designed to support the important work already being achieved by each partner and to engage HSBC’s business, staff and customers in the importance of environmental issues.
Key achievements were:
To read more, click here.
Our carbon neutral commitment is supported by a three-year, US$1.2 million research partnership with the University of Newcastle-upon-Tyne and the University of East Anglia in the UK.
Read more about the HSBC Partnership in Environmental Innovation.
WLI has been supported by HSBC since 2004.
© Alex Webb/Magnum Photos
In order to make sure that HSBC conducts its business in a responsible manner, it adheres to several internationally accepted principles.
HSBC considers climate change to be the single greatest environmental chanllenge this century. This view has informed both our decision to go carbon neutral and our carbon finance strategy.
While HSBC's direct impact on the environment is not as severe as some companies, our 10,700 buildings around the globe do have a significant impact.
HSBC supports a number of external environmental initiatives in its commitment to environmental responsibility.
HSBC aims to conduct its business ethically wherever it operates.
HSBC closely monitors its own progress but also looks to external, impartial sources to track our performance.