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HSBC (LON:HSBA) publishes Sustainability Report 2007

Published 05-30-08

Issued by HSBC Holdings PLC

Summary

The 2007 report describes the management of the bank's direct environmental footprint, risk management, business development and community investment activities

Report Highlights

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The HSBC Sustainability Report 2007 is available online at
www.hsbc.com/sustainabilityreport

“Our goal is to be one of the world's leading brands in corporate sustainability. This is not solely an environmental or social agenda, nor is it confined to governance and ethics. Sustainability is about bringing all of these issues together into our business model, and about maintaining the long-term growth of a successful business for the benefit of our stakeholders.” Stephen Green, Group Chairman, HSBC Holdings plc.

The HSBC Sustainability Report 2007 communicates the bank's thinking behind this strategy by describing the management of its direct environmental footprint, risk management, business development and community investment activities.

Feedback from stakeholders throughout the year and from specific engagement workshops helped shape this Report. As a result, it is aimed at professionals involved in environmental, social and governance issues, such as ethical investors, specialist media, governmental and non-governmental organisations.

Sustainable finance, climate change, forestry and community investment were dominant issues for HSBC and its stakeholders in 2007. These are addressed in more detail than previous years and demonstrate how HSBC approaches the risk and opportunities associated with these issues.

For the first time, the Report includes independent third-party commentary on HSBC's climate change strategy and HSBC's engagement with stakeholders on sustainable forestry.

External auditors have verified the Report, HSBC's carbon neutral status, its implementation of the Equator Principles, and its performance on environmental targets.

Hard copies of the report can be ordered from sustainability@hsbc.com.

HSBC Holdings PLC

HSBC Holdings PLC

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