Sustainable finance
Back to Sustainability for business in New ZealandSustainable finance
At HSBC, sustainability means building businesses for the long term, forging growth and fostering sustainable development. Sustainable finance has a crucial role to play in tackling climate change – and HSBC is recognised as a leading partner in the transition to a low-carbon world. We are committed to supporting responsible economic growth and enabling the low-carbon transition using sustainable finance.
We define sustainable finance as any form of financial service which integrates environmental, social and governance (ESG) criteria into business or investment decisions.
Sustainable finance covers both the financing and the investment activities needed to support the UN Sustainable Development Goals (SDGs), and in particular action to combat climate change.
HSBC is a Founding Partner of New Zealand’s Toitū Tahua - Centre for Sustainable Finance
HSBC New Zealand is a founding partner of New Zealand’s Toitū Tahua - Centre for Sustainable Finance. Officially launched on 29 July 2021, Toitū Tahua was set up by the Aotearoa Circle’s Sustainable Finance Forum to drive public and private sector collaboration as New Zealand accelerates its transition to a more sustainable financial system.
HSBC and Walmart partner to drive sustainability of businesses
Finance is a powerful lever to improve the sustainability of businesses. This finding has led HSBC and US retail giant Walmart to partner to roll-out a finance programme that pegs a supplier’s financing rate to its sustainability standards. Under this scheme, Walmart’s suppliers who demonstrate progress in their sustainability credentials will have access to improved financing from HSBC.
