About the Centre

HSBC aims to be the leading bank to support the biggest drivers of global investments: the China-led Belt and Road Initiative and the transition to a low-carbon economy.

The HSBC Centre of Sustainable Finance supports this ambition by providing thought leadership about transforming the real economy and strengthening the financial system response to climate change.

Building on internal subject matter expertise and our external network of experts, we generate and promote reports that support the climate ambitions of key stakeholders including industry, financial regulators, governments, and financial institutions.

In particular, the Centre looks at low-carbon transition solutions for the energy system and infrastructure. We aim to identify key opportunities and manage risks. While we also work across the financial sector to strengthen and enhance capital flows for a low-carbon, climate resilient future.

“Each and every one of us has a stake in developing a sustainable economic system. It is the combined responsibility of all players in society to respond to climate change, rapid technological innovation and continuing globalisation to secure a prosperous future. Yet addressing these changing forces is by no means straightforward. More work is needed to provide the financial system with the right toolkit to solve sustainability challenges.

Working with internal and external partners, this central think tank is uniquely positioned to lead and shape the debate. We will promote the sustainable finance agenda using our global network which covers the world’s largest and fastest growing trade corridors and economic zones. We can provide the connections needed to foster sustainable growth across borders and geographies. We aim to mobilise the capital flows needed to address the world’s major sustainability challenges.”

Zoë Knight, Group Head, HSBC Centre of Sustainable Finance

Sustainable Finance Commitments

“For more than a decade, HSBC has been at the forefront of the sustainable finance market. In November 2017, HSBC made five sustainable finance pledges. We committed to provide USD100 billion of sustainable financing and investment by 2025, source 100 per cent of electricity from renewable sources by 2030, reduce our exposure to thermal coal and actively manage the transition path for other high carbon sectors, adopt the recommendations of the task force on climate related financial disclosures to improve transparency, as well as leading and shaping the debate around sustainable finance and investment.

Taken together, these commitments reflect the scale of the challenge of delivering the Paris Agreement and UN Sustainable Development Goals. They also demonstrate the heights of our ambition to be a leading global partner to the public and private sectors in the transition to a low-carbon economy.”

Daniel Klier, Group Head of Strategy and Global Head of Sustainable Finance

Sustainable Finance at HSBC