HSBC commits its support to the Wimbledon Foundation to help further its COVID-19 response

HSBC has announced its continued support for the Wimbledon Foundation and its work to support those most affected by the COVID-19 pandemic, despite the absence of the traditional Ticket Resale Scheme at The Championships this year. HSBC has supported the Ticket Resale Scheme since 2008, matching the funds raised from resold tickets, which has supported local causes in an extensive programme of community and charitable activities administered by the Wimbledon Foundation, the official charity of The All England Lawn Tennis Club (AELTC) and The Championships. During the course of the…

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HSBC partners with WRI and WWF to scale next generation solutions to climate change

HSBC, in partnership with World Resources Institute (WRI) and WWF, have unveiled their Climate Solutions Partnership to unlock barriers to finance for companies and projects that tackle climate change. The partnership’s three workstreams focus on start-up firms developing carbon-cutting technologies, projects that protect and restore biodiversity, and initiatives to help transition energy growth to renewables in Asia. The partnership aims to bring emerging climate solutions to commercial viability and scale. It will do this by supporting sustainable projects that would otherwise face barriers to finance due to insufficient policy and…

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HSBC, IFC “Real Economy” Green Bond Fund Raises $538M at Final Close for Climate Action

HSBC Asset Management and IFC, a member of the World Bank Group, have announced the final closing of the HSBC Real Economy Green Investment Opportunity GEM Bond Fund (REGIO), boosting access to climate finance and helping further develop the market for green bonds. REGIO, the first green bond fund focused on well-diversified climate-smart investments in “real economy” issuers in emerging market countries, closed with total investor commitments of $538 million following further investment from two European investors. REGIO uses both public and private capital to build climate change-mitigation capacity in…

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HSBC sets out ambition to build a net zero economy

HSBC has announced an ambitious plan to prioritise financing and investment that supports the transition to a net zero global economy, citing a landmark opportunity to build a thriving, resilient future for society and businesses. The bank is committing to align its financed emissions – the carbon emissions of its portfolio of customers – to the Paris Agreement goal to achieve net zero by 2050 or sooner. HSBC has both the scale and global reach to play a leading role in guiding its customers through this transition and helping them…

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Young Money launches ambitious ‘Money Heroes’ education programme to connect parents and teachers through Covid-19 and beyond

Young Money has launched its ambitious new Money Heroes financial education programme, centred around an innovative and sector-leading online platform designed to help teachers and parents collaborate on the delivery of meaningful and fun home and school learning. Developed with support from HSBC UK, the new programme aims to improve financial capabilities of one million children ages 3 to 11 over the next three years. In addition to giving teachers and parents access to a steady stream of free, high-quality resources and guidance, they can also track and share individual…

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