Kelly Fisher , Head of Corporate Sustainability , HSBC Bank USA , tells us how finance can play a leading role in achieving net zero and global equity
HSBC
Kelly Fisher , Head of Corporate Sustainability , HSBC Bank USA , tells us how finance can play a leading role in achieving net zero and global equity
Kelly Fisher , Head of Corporate Sustainability , HSBC Bank USA
From pilot renewable energy initiatives in Asia to innovative startups addressing climate change in the UK and farmers in the Upper Mississippi River Basin adopting regenerative agriculture practices – HSBC is taking sustainability seriously .
Those three examples are a snapshot of the Climate Solutions Partnership HSBC has embarked upon , backed by US $ 100 million of philanthropic funding over five years . HSBC has also committed to be net zero of their own operations by 2030 and of their financed emissions , which includes a US $ 750 billion to $ 1 trillion in sustainable finance and investments to help their clients transition .
It ’ s an ambitious environmental stance , yet if any banking and financial services organisation can do it , it ’ s HSBC – with a global footprint spanning 64 countries and with assets of US $ 2,959 billion ( as of 31 March 2021 ).
HSBC has transitioned from being The World ’ s Local Bank to truly acting locally to benefit globally .
With everything else going on in the world right now , it would be easy to do nothing , but it has been a busy 2021 so far for HSBC . In Q1 it raised a record US $ 68 billion through its Green , Social , Sustainability and Sustainability-linked ( GSSS ) bond to pay for green projects and new technology to enable and accelerate the race to zero .
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