HSBC Corporate Social Responsibility
Overview
HSBC is committed to supporting the communities in which we operate. In 2019, they contributed USD101 million to charities and non-profit organisations running community projects around the world. Employees gave 257,000 hours of time to volunteer during working hours.
Most of the bank’s funding goes towards programmes aligned to their global themes of supporting responsible business, and employability and financial capability. However, HSBC also earmarks roughly a quarter of funding for leaders across their network to support causes that are important to local communities. These may include projects reflecting local needs, such as environmental protection or healthcare.
As well as its ongoing community support, the bank is committed to providing financial assistance and other forms of help in response to unforeseen and sudden challenges, such as natural disasters and humanitarian crises.
HSBC Water Programme
This eight-year programme aimed to provide and protect water sources, inform and educate communities in need, and enable people to prosper and drive economic development.
The Water Programme began as a five-year initiative running between 2012 and 2016, backed by USD100 million of support from HSBC. By the end of 2016 the partners had exceeded their original five-year targets. Building on these achievements, HSBC extended the programme for a further three years and provided a further USD50 million of funding, bringing the total support over eight years to USD150 million.
The Water Programme began as a five-year initiative running between 2012 and 2016, backed by USD100 million of support from HSBC. By the end of 2016 the partners had exceeded their original five-year targets. Building on these achievements, HSBC extended the programme for a further three years (from 2017 to 2019) and provided a further USD50 million of funding, bringing the total support over eight years to USD150 million.