HSBC is committed to supporting the communities in which we operate. In 2017, we contributed USD136 million to charities and non-profit organisations running community projects around the world. Employees gave 272,000 hours of time to volunteer during working hours.
Most of the bank’s funding goes towards programmes aligned to our global themes of supporting responsible business, and employability and financial capability. However, HSBC also earmarks roughly a quarter of funding for leaders across our network to support causes that are important to local communities. These may include projects reflecting local needs, such as environmental protection or healthcare.
As well as its ongoing community support, the bank is committed to providing financial assistance and other forms of help in response to unforeseen and sudden challenges, such as natural disasters and humanitarian crises.
HSBC Water Programme
Water is vital to building healthy communities and developing national economies. That’s why we continue to support the HSBC Water Programme, a long-term, international initiative operated in partnership with the charities Earthwatch, WaterAid and WWF and local project partners.
Employability and financial capability
HSBC has been a long-term supporter of education across the globe. Today we are helping people to acquire the skills they need to prosper in the modern economy – and to manage their money effectively.
The programme aims to provide and protect water sources, inform and educate communities in need, and enable people to prosper and drive economic development across the world.
The Water Programme began as a five-year initiative running between 2012 and 2016, backed by USD100 million of support from HSBC. By the end of 2016 the partners had exceeded their original five-year targets. Building on these achievements, HSBC extended the programme for a further three years (from 2017 to 2019) and provided a further USD50 million of funding, bringing the total support over eight years to USD150 million.
To date, the Water Programme partners have:
- Provided access to clean water for 1.68 million people
- Provided sanitation facilities and hygiene education programmes for 2.58 million people
- Supported nearly 180,000 people to reduce the environmental impact of fishing or farming
- Protected more than 533,000 hectares of wetland
- Trained 8,000 HSBC employees as citizen scientists to monitor the health of local freshwater
- Established a two-day sustainability training programme for HSBC colleagues
Measuring our impact
We publish regularly updated information on our performance in relation to environmental, social and governance issues. This helps us understand the impact of our actions on people and the planet.
HSBC has the capabilities, reach and ambition required to become a leader in sustainable finance.
A smashing end to badminton’s year
Top badminton players are battling it out at the first HSBC BWF World Tour Finals.
Businesses seek green gains
Businesses can benefit financially by encouraging their suppliers to be more sustainable.
The new space race
Satellites could help to connect 350 million people worldwide to the internet in the coming decade, says HSBC’s Davey Jose.