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 is listed on this index that tracks the performances of world sustainability leaders. It selects the top 10% of the world's 2,500 largest companies.
HSBC has been a member of FTSE 4 Good since its inception in 2001. FTSE 4 Good tracks companies based on their adherence to internationally recognised standards of social responsibility, including environmental initiatives. In order to be included, companies must demonstrate commitment to environmental sustainability, support for universal human rights, and a positive relationship with stakeholders.
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.