Corporate Sustainability

Australia's green business opportunity – HSBC has developed an infographic showcasing the latest drivers for the nation's sustainable future through green finance, clean energy or emission reductions
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Our sustainability commitments

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.

 

Steve Hughes

Head of Commercial Banking, HSBC Australia

Sustainability to us

Our sustainability approach focuses on three main areas

  • 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.

Supporting a low-carbon economy

Zoë Knight and Wai-Shin Chan discuss how sustainable finance can support the global transition to a low-carbon economy.

Taking finance to the forests

We think businesses should pay attention to the clear global trend towards more transparent reporting and sustainable processes. They need to see that this will be in their longer term interests.

STEVE HUGHES HEAD OF COMMERCIAL BANKING, HSBC AUSTRALIA

HSBC Australia has been a leader in the sustainable finance market for more than a decade. This is underlined by its establishment of the Centre for Sustainable Finance and its commitment to providing $US100 billion of green financing by 202520. In Australia, it has partnered with the Nature Conservancy and Earthwatch Australia, amongst others, to support efforts towards conservation of the natural environment and act as a responsible business21.

By advising groups like Macquarie Bank on Green Structuring, HSBC has helped develop and grow the market for sustainable financing. In 2014 the bank played a key role in the development of the green bond market with the inaugural issue of a €300 million bond on behalf of Stockland22—the first green bond issues by an Australian corporate name—highlighting the important role banks play in helping companies meet their sustainability targets.

The bank’s commitment to developing this emerging new debt market was further underlined in 2018 when it became the joint lead manager for a €750m SDG bond issued by ANZ that directly promote nine of the UN’s SDGs23. This was the world’s first European SDG bond and the funds will be used by ANZ for projects which support SDG objectives. Last year HSBC also played a pacesetting role in the emerging sustainability bond market as the joint lead manager of a $A250m issue for Macquarie University, which will use the funds for green buildings, alternative energy facilities, pollution prevention and better water management24.

Our Australia team is here to support your sustainability journey

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