Being Sustainable is good for business
Why going green can grow your business
Today, only 18% of smaller firms rate being sustainable as important to them. But, almost half (46%) believe it will be important to them over the next three years.
At HSBC, we are passionate about playing our part in the global movement towards becoming more Sustainable. Sustainability is becoming an increasingly visible and important factor in helping businesses remain competitive and attractive in today’s world – with pressure from investors, consumers and regulators. As a result, it can directly impact the bottom-line, be it through reduced operating costs or stronger patronage from consumers and investors.
Our global presence, strong network and large customer base means we’re well placed to work together with our customers to support them through the transition to becoming more sustainable. Putting our years of experience into practice, we can provide guidance, access to new markets, supply chain considerations and the financing solutions to enable customers to make the transition.
Stuart Nivison, Global Head of Client Network Banking, HSBC, Carla Neefs, director supplier sustainability, Signify (formerly Philips Lighting) and Sonya Bhonsle, global head, CDP supply chain, CDP discuss.
How can a company, buyer or supplier implement sustainable practices and how does working with a trusted partner help support the growth of sustainable supply chains?
We recognise the critical role finance has to play in creating sustainable growth. Our commitments to a sustainable future:
- Provide USD100bn of green financing we’re committed to financing the clean energy, low carbon technologies and projects which will help deliver the 2015 Paris Climate Agreement and the UN Sustainable Development Goals.
- Help reduce emissions we will reduce our exposure to thermal coal and engage with clients to actively manage the transition path for other high carbon sectors.
- Centre of Sustainable Finance we aim to provide the thought leadership needed to unlock the capital flows required to address the world’s major sustainability challenges.