“When it comes to sustainability, the bank has a central role as businesses advisor”
What is your approach towards sustainable finance?
The HSBC Group has a business plan for the planet. We will provide between $750 billion and $1 trillion in finance to support our clients in the transition to a low-carbon economy. The Group itself has set a target of being carbon-neutral by 2030.
We provide tailor-made support to our customers, considering their specific needs and their level of maturity in terms of CSR commitment when structuring deals that incorporate ESG criteria. We have positioned ourselves as a specialist in sustainable finance. This means that the strategic dialogue we have with our customers around CSR can inform their decision-making when it comes to structuring their financing for the future regardless of the debt markets targeted (credit, private placement, convertible bonds, etc.).
How does this work in practice?
In addition to financing, we offer our network of external partners*, together with our wealth of internal expertise in natural capital management - one of the key areas of the bank’s strategy. When it comes to sustainability, the bank has a real role as businesses advisor.
By integrating our ESG and banking expertise, we offer our customers a coherent, impactful approach. We provide our customers with ongoing support to help them build a sustainable business.
In addition to financing, we offer our network of external partners, together with our wealth of internal expertise in natural capital management - one of the key areas of the bank’s strategy.
Businesses need a partner with the understanding, capabilities and resources to help them transition to a sustainable model: HSBC can be that partner.
Agriculture, including forestry, livestock farming and processing agricultural commodities, is increasingly transitioning to a carbon-free economy and greater emphasis on environmental management.
Businesses in the food industry face a wide variety of sustainability issues. Each business defines its own strategy depending on its market, its offering and how committed it is to sustainability.
Sustainable development is central to Sodiaal's strategy, the largest dairy cooperative in France and third-largest in Europe for over twenty years. Innovative CSR-focused funding will help achieve these goals.
Every year, a third of the world’s food is wasted. This would be enough to feed the populations of China and the United States combined. An unsolvable problem?