HSBC Group recognises that environmental, social and corporate governance (ESG) factors, which includes climate change, can have a significant impact on individuals, businesses and communities across the world. HSBC Group is committed to accelerating the transition to a low-carbon global economy via financial services.
In 2020, the next phase of the Group’s climate ambition was published. This includes the commitment to become a net zero bank, supporting customers to thrive through the transition, and to unlock the next generation of climate solutions.
Central to this ambition is to reduce financed emissions to net zero by 2050 or sooner, in line with the Paris Climate Agreement. In doing so, HSBC Group aims to facilitate between USD750 billion and USD1 trillion of finance and investment by 2030 to support our clients.
More information on HSBC Bank Malta’s approach to ESG factors can be found on our Sustainable Investing page.