The world's local bank
Six thousand bins go at HSBC global HQ
02 June 2006
Recycling is the name of the game for the 8,000 staff at HSBC’s Group headquarters in Canary Wharf, Europe’s biggest single occupancy building. As part of its World Environment Day activities in 18 countries and territories, HSBC will remove 6,000 personal bins in an effort to promote recycling and reduce the estimated 1,500 tonnes of waste the building currently sends to landfill sites each year, the equivalent of 250 double-decker buses.
Instead, HSBC staff will be asked to separate their personal rubbish into colour- coded communal bins: green for recyclable dry waste and red bins for wet. All employees have been given the chance to take their old bins home with the remainder sent for recycling and offered to schools and charities.
Francis Sullivan, HSBC’s Adviser on the Environment said: “HSBC is committed to reducing the amount of waste it sends to landfill sites by eight per cent at year-end 2007. We estimate a 60 per cent reduction in the landfill waste produced by the eight Canada Square building as a direct result of this measure.”
The move follows HSBC’s July 2005 announcement of direct environmental impact reduction targets for all of its buildings around the world. In October 2005 the bank became the first major bank anywhere in the world to become ‘Carbon Neutral’.
Media inquiries to Neil Brazil at 020 7992 1572 or at neilbrazil@hsbc.com
HSBC Holdings plc
HSBC Holdings plc serves over 125 million customers worldwide through some 9,500 offices in 76 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$1,502 billion at 31 December 2005, HSBC is one of the world's largest banking and financial services organisations. HSBC is marketed worldwide as 'the world's local bank'.
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