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HSBC publishes 2003 CSR report - Progress

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Continuing progress

Meeting our social responsibilities has been part of our approach since our earliest days. For example, in 1878 we donated HK$1,000 to the China Crisis Fund and, in 1909, gave HK$50,000 to help found the University of Hong Kong. Our support in the UK for Young Enterprise started in 1971 while, to co-ordinate its extensive community support programmes in the Hong Kong SAR and mainland China, The Hongkong and Shanghai Banking Corporation established its own fully registered charitable trust in 1981.

We formalised our commitment to sustainability in 1992 by becoming a founder signatory to the UN Environment Programme Statement by Financial Institutions on the Environment and Sustainable Development. This is ongoing work. Progress over the last seven years is summarised here.

2003
Adopt the Equator Principles covering
project finance.
Engagement with WWF on sustainability
aspects of HSBC policies.
Board of HSBC Holdings plc establishes
CSR Committee.

2002
Establish international diversity team.
Launch Investing in Nature programme in
partnership with WWF, Earthwatch and BGCI.
Environmental management system
operating in 10 countries.
First participate in Business in the
Environment index.

2001
Establish the HSBC Education Trust in the UK,
headed by Dame Mary Richardson.
Publish our first CSR report, HSBC in the
Community: Sharing our Success 2000.
Achieve inclusion in FTSE4Good ethical index
and Dow Jones Sustainability Index.
Pilot environmental management system
in the UK.

2000
Adopt UN Global Compact and Global
Sullivan Principles.
A founder member of the Wolfsberg Group.

1999
Develop dialogue with ethical investment
fund managers.
Lord Butler is appointed to oversee HSBC in
the Community.

1998
First publish HSBC’s statement of Business
Principles and Values.
Adopt the vision of becoming the world’s
leading financial services company.
Adopt education and environment as twin
foci for philanthropic support worldwide.

1997
Publish our first Environmental Policy.

Featured content

HSBC in Society - Corporate Social Responsibility Report 2003

(52 page pdf 3,376K)

Due to the size of the document you may wish to download a specific section:

Foreword
(2 page pdf 108K)

HSBC in Society
(2 page pdf 63K)

Listening to views
(5 page pdf 168K)

Acting responsibly
(4 page pdf 49K)

Managing our impacts
(7 page pdf 334K)

Responsibility to customers
(3 page pdf 120K)

Sharing our success
(3 page pdf 901K)

Investing in Education
(11 page pdf 696K)

Investing in Nature
(5 page pdf 550K)

Investing in the Community
(2 page pdf 158K)

Investing in our people
(4 page pdf 223K)

External commentary
(1 page pdf 23K)