Business Plan for the Planet
HSBC is committed to a sustainable future. We are dedicating between $750bn and $1trn, alongside expert guidance and support, to help our 1.5 million customers – and their partners – make a lasting sustainable transition to help us all thrive in a low carbon economy. We also pledge to become a net zero carbon business ourselves by 2030 or sooner.
Inspiration from our clients
In creating a Business Plan for the Planet, we are committed to supporting our 1.5 million clients all over the world to make the transition toward net zero. For some, that will require a wholesale change to plan for and meet a new system of sustainable goals, and for others it may be a short, single change in the way they do business. From renewable energy to supply chains, we have the dedicated knowledge to help you achieve your goals.
Tackling world hunger
Every year a third of the world's food goes to waste. That's enough to feed the combined populations of China and the USA. Too big a problem to solve?
Not for Parisian innovators Phenix, who've developed an app that gives unsold food a second life. In creating a circular economy Phenix is bringing us closer to a world without waste, and we consider it a privilege to be helping this smart tech solution expand into new continents.
The socio-economic impact of sustainability cannot be ignored. Meridiam is a mission-based investment company developing, financing and managing transformation projects that develop skills, create jobs and grow the economy. Right now, Meridiam is helping to turn forest biomass into green fuel that will replace coal.
Smart? You bet. That's the reason our sustainability team are supporting Meridiam.
Bosco Law, Deputy Chairman & CEO of LAWSGROUP, outlines how the implementation of sustainable practices is not limited to reducing energy and emissions, but also through ‘Creating Shared Value’. This concept supports the sustainable development of the apparel industry’s entire ecosystem and the on-going success of an increasingly evolving sector.
Donald Choi, Executive Director and Chief Executive Officer of ChinaChem Group, outlines in this video how both the architectural designs and the process by which they are created are core elements to not only saving energy and reducing carbon emissions but also strengthening communities and individual's wellbeing.
James Lee, CEO & Executive Director of Paul Y. Engineering discusses the industry’s efforts to bring in more sustainable elements to architecture and innovative methods for construction. In addition, securing a green talent pool is just as important to continue building Hong Kong’s green skyline.
How we have helped our customers
Collaborate to conserve
We know our customers need support, not a lecture. That's why we’ve partnered with Square Group, one of the pioneer signatories of United Nations Global Compact, to arrange the very first Sustainability Linked Loan in Bangladesh.
The credit terms of HSBC’s offer to Square Group are favourably linked to renewable energy usage. The lower the carbon footprint, the lower the rate.
Innovation in a bottle
If we have to live with plastics, how can we do so more harmoniously? Duy Tan Plastics Corporation is leading the way in Vietnam, building a new facility that recycles used bottles into… brand new bottles.
It takes technology and engineering innovation, plus a supply network, to do so. We were proud to help make it happen with the country's first live blockchain transaction of a Green Loan.
Fleets of the future
Forget fuel-fossil hungry limos. Future fleets are made of electric and hybrid buses, trucks, cars, two and three-wheelers.
Durapower know this. That's why they pivoted from advanced lithium-ion battery cell technology to being leaders in e-mobility. Our extensive trade network helped accelerate this move, adding torque with green financing solutions.
Here’s what we’re doing to help you
Our aim is to accelerate the transition to a thriving low-carbon global economy through finance. We are working to help 1.5m customers all over the planet to reduce the environmental impact of their supply chains, and to foster the sustainable growth of small and medium-sized businesses.