The world's local bankOur Commitment
HSBC is taking a number of steps and introducing new initiatives to reduce the environmental impact of its day-to-day operations.
Environmental Management Systems
All internal systems will be evaluated and monitored to identify possible improvements through an Environmental Management System (EMS). This will help to improve efficiency and reduce environmental impact.
Operational Sustainability
In order to ensure continued sustainability and improvements in performance, HSBC has developed an environmental management system. The in-house system is aided by a reporting tool which tracks and records data on energy consumption, waste production, water usage, and CO2 emissions across the group. HSBC invested US$376,000 in this tracking system and results are already being utilised – for example, one of HSBC’s Global Technology Centres in India has already developed an EMS and trained staff in its management.
US$18 million is earmarked for this over the next five years.
Elephants on the move. © Alex Majoli/Magnum Photos
Read about other HSBC initiatives
Footprint Management and Innovation
Investing in and trialling new technologies to reduce HSBC’s energy and water consumption, business travel, paper use and waste and carbon dioxide generation.
Benchmarking
HSBC’s flagship buildings (such as its global headquarters in London) will use internationally-recognised environmental benchmarking systems to incorporate sustainable design, construction and operation.
Behaviour
Engaging employees through environmental education, awareness raising, training programmes and workplace management solutions.
Environmental Management Systems
Internal systems will be evaluated and monitored to identify and roll out improvements.
