New emphasis on importance of sustainability on HSBC website

HSBC has a new microsite on its website, emphasising the importance of sustainability in today’s modern society. Previously referred to as Corporate Social Responsibility, sustainability has always been at the heart of HSBC’s business in Malta, the bank said.

“The HSBC Group’s strategy is to commit to sustainability by contributing to a stable economy while managing the social and environmental impacts of its business,” a company statement said.

In Malta, the HSBC Group’s strategy is fulfilled through three commitments – children, the environment and Malta’s heritage.

Following the formation of the HSBC Malta Foundation early this year, where the three HSBC Cares Funds were consolidated into one foundation, HSBC has now undergone the task of completely revamping the sustainability microsite.

The site is accessible from www.hsbc.com.mt under the link “HSBC in the Community” and contains 3 main areas: “Sustainability and Environment”, “Children”, and “Malta’s Heritage” and may also be directly accessed via the URL http://www.hsbc.com.mt/sustainability . The site in­cludes information about HSBC programmes, like the HSBC Climate Partnership worldwide initiative, assistance to charitable institutions, sponsorships for restoration projects of Malta’s heritage and updated activities where HSBC staff volunteer their time for community work.

“Sustainability is a major challenge facing the world. HSBC Malta’s business is based on economic growth and it believes this is a force for good in people’s lives. The key is to manage growth sensibly and responsibly to ensure progress is not pursued at the cost of sustainability,” said HSBC Malta CEO Alan Richards.