Our Global Research Climate Change Centre of Excellence team was recognised as number one for Integrated Climate Change in the Extel Survey 2017.

These opportunities include:

  • Increasing the share of low-carbon energy production such as bio-energy, solar and wind

  • Improving energy efficiency in buildings, industry and transport, as well as energy storage

  • Adapting to the impact of climate change, particularly in agriculture, infrastructure and water and waste management

Green bonds

HSBC is one of a number of financial institutions playing an important role in shaping the fast-developing green bond market. Green bonds are issued to finance climate or environmental projects. HSBC is a member of the International Capital Market Association’s Executive Committee for the Green Bond Principles, which are a set of voluntary standards for issuers of green bonds.

In 2015, the Group issued a green bond for the first time when HSBC France raised EUR500 million to fund customers and projects in the following sectors: renewables, energy efficiency, sustainable waste and water management, sustainable land use, climate change adaptation, and clean buildings and transportation. Our green bonds page contains further detail.

Read an HSBC-commissioned report, Bonds and Climate Change: the state of the market in 2015 from the Climate Bonds Initiative.

Supporting the growth of green finance

HSBC has long been a champion for greater understanding of the economic impact of environmental changes, setting up its Climate Change Centre of Excellence in 2007. Our Asset Management business has signed the Montreal Pledge to disclose the carbon intensity of its portfolio.

We continue to work in partnership with governments, investors and other financial institutions to create the right conditions to support long-term investment in environmentally sustainable projects. In recent months, for example, HSBC has:

  • received accreditation to work with the United Nations’ Green Climate Fund (GCF), which helps developing countries reduce greenhouse gas emissions (March 2016)

  • joined a consortium of financial institutions aiming to invest USD8 billion in clean energy projects around the world (April 2016)

  • released research showing that two-thirds of institutional investors want to put more capital into low carbon and climate-related investments (December 2016)

Read more about Sustainable Financing at HSBC on the Global Banking and Markets site.

We stand ready to support our clients – across countries and sectors – in tackling the threat of climate change

Stuart Gulliver

HSBC Group Chief Executive