Giving a clear account
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.
As a major international business HSBC has an impact on people all over the world – including customers, employees, suppliers, regulators, investors, and the wider communities it serves.
Our ESG Update
Being sustainable means recognising the importance of our relationships with all these different groups while taking into account their needs and aspirations. We also recognise our duty to manage the impact of our business on our environment. Without doing this, we cannot thrive over the long term.
Publishing information on our performance in relation to environmental, social and governance (ESG) issues helps us understand the impact of our actions on people and the planet. It is important not only to mark the progress we continue to make in many areas, but also to be candid in acknowledging where we have more to do.
We are committed to improving our ESG performance because we think it is crucial to our long-term success as a business.
In line with this, HSBC has set a 2020 target of gaining recognition as an ‘ESG outperformer’ from Sustainalytics, an external agency which assesses companies on their ESG performance. In 2018, the bank was rated as an ‘average performer’. This underlines the importance of continued efforts in this area.
My overriding priority is to create stronger relationships with all our stakeholders
We work with a range of stakeholders, industry forums and groups focused on sustainable finance and investment.
ESG reporting and policies
Find our ESG publications and further detail on our policies and non-financial performance.
HSBC named best for sustainable finance
The bank has won recognition for its work to support the transition to a low-carbon economy.
Moving green finance to the mainstream
The financial sector must do more in the fight against climate change, says HSBC’s Daniel Klier.
Women in the driving seat
An HSBC-backed initiative is training low-income women in Jaipur to become rickshaw drivers.