- World’s Best Bank for Sustainable Finance
- Asia’s Best Bank for Sustainable Finance
- Middle East’s Best Bank for Sustainable Finance
- Western Europe’s Best Bank for Sustainable Finance
As part of our effort to be Mexico’s sustainable Bank, we have a strong community investment strategy in alliance with charities that focus on education, environment, community and health issues. This gives us the opportunity to work with a wide variety of programmes which positively influence our stakeholders and gives us the opportunity to connect further with the communities where we operate, always aligned to the UN’s Sustainable Development Goals.
It is worth mentioning that thanks to our scope of initiatives, we have had the opportunity to create several alliances between both the private sector and government, generating joint ventures, which maximize the impact of our efforts.
In addition to our community investment and alliances, in HSBC we seek to fulfill our clients’ desire to help, whom generously support educational campaigns and diverse social projects through our ATM’s network.
The transition to net zero carbon emissions presents a clear opportunity to set the global economy on a more sustainable, resilient and inclusive path. Finance, with its focus on risk and reward, is key to building a future that prioritises resilience, social mobility and the environment alongside economic growth.
HSBC is well-established as a leading player in the transition to a low carbon economy. In 2017, HSBC committed USD100bn of sustainable finance by 2025. Since then, we’ve launched a number of award-winning products, and been recognised as a leading bank for Sustainable Finance.
Achieving the scale of change needed to meet the Paris Agreement goal will require significant extra effort, at a faster pace. We are setting out a three-part plan to help accelerate the transition to net zero through finance.
To achieve net zero, we can effect change both in our own operations, and for our customers through our financing portfolio. We are committed to maximising our contribution to a more sustainable future by becoming a net zero bank. To achieve this, we aim to:
The most significant contribution we can make to addressing climate change is supporting our customers to decarbonise, while helping to ensure their ongoing resilience and prosperity. To facilitate this, we aim to:
The net zero transition requires radically new solutions to increase the pace of change. Nature-based solutions, climate innovation and sustainable infrastructure create new frontiers of opportunity in sustainable finance. To deliver this, we aim to:
In HSBC we consider Sustainable Finance as any type of financial service that integrates ESG or Environmental Social and Governance criteria in any business decision. It includes the financing, the facilitation and the investments required to reach the United Nations Sustainability Development Goals (SDG) and in particular the fight against climate change.
In 2017, HSBC pledged to provide USD100 billion in sustainable financing and investment by 2025, which has been raised within our climate strategy to USD 750 billion to 1 trillion in financing and investment for this purpose by 2030.
We agreed to disclose under the Taskforce for Climate-related Financial Disclosure TCFD and as members of RE100, we committed to sourcing 100% of our own electricity consumption from renewable sources.
Providing sustainable options is important to us and we are continuously working to extend our offer of green and responsible products for you and your company. Know the products available today: