Is HSBC socially responsible?

Is HSBC socially responsible?

In the US, we primarily focus our philanthropic giving on Future Skills (Employability and Financial Literacy) programs for marginalized communities, as well as on programs that address climate change. We have created a signature financial wellness program, Your Money Counts, for individuals and families.

What is ESG HSBC?

We publish regular updates and data on our performance in relation to environmental, social and governance (ESG) issues. This includes updates on our activities in support of sustainable finance and our commitments relating to diversity and inclusion. Below you can find: Our latest and historic reports.

Does HSBC use ESG?

We maintain high standards of governance and meet our responsibilities to society. And we monitor and regularly publish updates on our ESG performance. At HSBC, we are committed to sustainable growth, as our Group Chief Executive Noel Quinn explains: “How we do business is as important as what we do.

Does HSBC support fossil fuels?

Sally Clark, divestment campaigner with Friends of the Earth Scotland, told The National: “HSBC is one of the biggest funders of climate-wrecking fossil fuels in the world and it is shocking that the bank is continuing to invest in coal, oil and gas projects that are devastating communities and making the climate …

What are HSBC values?

The core values at HSBC are:

  • We value difference. Seeking out different perspectives.
  • We succeed together. Collaborating across boundaries.
  • We take responsibility. Holding ourselves accountable and taking the long view.
  • We get it done. Moving at pace and making things happen.

What is CSR in banking?

Corporate social responsibility, or CSR, is a term that can be applied to organizations in just about any industry. It is a type of self-regulation in which businesses hold themselves accountable for their corporate actions and try to make a positive impact on society as a whole.

Is HSBC a Green Bank?

We are a leading sustainable finance provider and have received widespread recognition for the support we provide to clients, including being named the World’s Best Sustainable Bank by Euromoney magazine in 2019 and 2020.

What was the HSBC scandal?

In 2017, HSBC was told to pay $1.9bn (£1.4bn) to settle a money-laundering probe by US authorities – the largest penalty of its kind ever paid by a bank. The investigation found Europe’s largest bank failed to prevent Mexican drug cartels from washing hundreds of millions of dollars.

Is HSBC a Green bank?

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