HSBC has created a five-year, $100 million partnership to fund climate research through The Climate Group, Earthwatch Institute, Smithsonian Tropical Research Institute and WWF.
“By working with four of the world’s most respected environmental organizations and creating a ‘?green taskforce’ of thousands of HSBC employees worldwide, we believe we can tackle the causes and impacts of climate change,” said Paul Lawrence, President and CEO, HSBC Bank USA, N.A . “Over the next five years HSBC will make responding to climate change central to our business operations and at the heart of the way we work with our clients across the world.”
HSBC’s US$100 million partnership is, according to HSBC, the largest donations to each of these charities and the largest donation ever made by a British company.
“Through the HSBC Climate Partnership we will accelerate our program in five world cities, engaging the most influential businesses and city governments to lead a ‘?coalition of the willing’ against global warming,” said Christopher Walker, U.S. Director of The Climate Group.
HSBC released its 2006 Corporate Responsibility report earlier this week. Total CO2 emissions grew from 663,000 tons in 2005 to 813,000 tons in 2006.
Retailers, Developers and Eco-Business Leaders...learn about green retail trends, consumer buying habits and sustainable business practices. Register NOW to Attend!
The 2008 Green Leaders Survey collects sustainability program insights from business and civic leaders. Learn from peers what works and what doesn't. Take survey>>
Recycling rates in the U.S. are low and getting lower. The U.S., by far the world's biggest consumer of aluminum ... continue »
Nearly three-quarters (73 percent) of financial institution executives say they plan to build new or undergo a major remodel of an existing ...
click to view full size chart »
This promotional video features restaurateurs discussing sustainable solutions and Conserve, the environmental initiative of the National Restaurant Association....
Join the Discussion