10-08-2013, 04:07 PM
Corporate Sustainability at HSBC in India
Corporate Sustainabilit.pdf (Size: 1.58 MB / Downloads: 57)
OVERVIEW
At HSBC, Corporate Sustainability is not an isolated function. In fact, it forms an integral part of the way we do business.
Over the years, the Group's work in the field of corporate sustainability has evolved significantly. Today our initiatives span
across the country, collaborating with businesses, employees, not-for-profit organisations and customers across 26 cities.
HSBC's corporate sustainability practice rests on the pillars of education, financial inclusion, environment sustainability and
employee engagement, the ultimate goal being to achieve sustainability for business and build prosperous communities.
Our financial inclusion initiatives are targeted towards the most economically marginalised and excluded communities
living at the 'bottom of the pyramid'. Our environment initiatives support many pioneering programmes in the areas of
habitat and biodiversity conservation, water harvesting and climate change. Employee engagement forms an integral part
of all our programmes and activities.
ENVIRONMENT
HSBC believes in sharing responsibility with governments and citizens
for minimising the damaging effects of human activity - pollution of
land, water and air and the depletion of resources. The depletion of the
planet's natural resources on which life depends can only lead to
Climate Change
human conflict. Being one of the world's biggest banks means we can
sometimes make a big difference. With that comes great responsibility
to ensure our activities are a force for good. We aim to lend and invest
responsibly, avoiding projects where the potential for environmental
damage outweighs the economic benefits. Businesses that damage
the environment will eventually lose the support and commitment of
their stakeholders and so represent a less attractive credit risk to our
business. Our environment initiatives are targeted towards nature,
habitat and biodiversity conservation, water harvesting and climate
change initiatives.