Sustainability risk

We periodically review our sustainability risk policies to seek to ensure our approach remains aligned to our strategic and risk management objectives, and, where relevant, consider the latest scientific evidence, sector-specific pathways, and real-world lessons from our customers’ transition experiences.

Our Sustainability Risk Policy Framework provides an overview of how HSBC identifies, evaluates and manages risks related to the delivery of our sustainability approach and is supported by internal policies and procedures. It helps define our risk appetite in sectors, or to clients or activities, which may pose heightened risks in relation to critical themes such as climate change, nature and human rights, and forms part of our broader risk management framework.

The Framework sets out our sector specific sustainability risk approach covering Energy, Mining and Metals, Agricultural Commodities, Forestry, and Project Related Financing. It also includes our Thermal Coal Phase-Out Policy.

You can also find further information on areas such as our approach to the environment, climate change, human rights and modern slavery on the ESG reporting centre page.