Today our sustainability approach focuses on three main areas: sustainable finance; sustainable supply chains; and employability and financial capability.
In each of these areas we have begun to take genuine strides forward. We have set out a series of commitments to contribute to the global transition to a low-carbon economy. We have also pledged long-term support to help people access education and training so they can acquire the skills they need to succeed in today’s workplace. And through our partnerships with customers, NGOs and other key stakeholders, we are encouraging responsible business in global supply chains.
HSBC has long supported education across the globe, especially helping disadvantaged young people access primary, secondary and higher education. We are now focusing our efforts on helping people develop the employability and financial skills they need to thrive in the modern world.
With technology developing at a rapid pace, a secondary education or university degree is no longer a guarantee of employment. A range of skills are now needed to succeed in the workplace. Financial capability is also increasingly important in a world of rising wealth inequality.
That’s why we are focusing a key part of our sustainability strategy on future skills – for our customers, employees and for the people in the communities we serve. We are doing this by concentrating on two key areas: employability and financial capability.
Partnering with Prestasi Junior Indonesia (PJI), we help teach junior high school students how to earn, save and spend money, as well as give advice for when they start work.
Together with Prestasi Junior Indonesia (PJI), we provide fun, interactive online financial education for elementary school students where they learn basic financial skills.
This is the world’s largest business case competition for undergraduate students. Its aim is to enhance students’ business acumen by challenging them to come up with creative and feasible solutions for real-life business cases which they then have to present to the judges. Partnering with Putera Sampoerna Foundation (PSF), we nurtures future business leaders by bridging the gap between academia and the business world. The competition also promotes diversity and inclusion through interaction between the participating students from different countries.
Partnering with Putera Sampoerna Foundation (PSF), HSBC Indonesia aims to increase the level of financial literacy among students, lecturers, and community groups. We also help participating students who are about to start work. The program includes workshops and training in managing personal finance, as well as managing small business and community.
Together with the British Council, Work Ready prepares Vocational High School students to enter the workforce. Students, teachers and principals are involved in activities that enhance their abilities, using techniques such as work readiness training, industry visits and student conferences. Meanwhile, the teachers and principals are trained to conduct a more effective and interactive teaching method while equipping them with the latest teaching modules to enable them to teach their students the skills required by the industry.
In collaboration with the Yayasan Cinta Anak Bangsa (YCAB), we provide training for young people who are members of the vocational training center to prepare them for when they start work. The program also assists teachers by providing training modules that help them conduct more innovative teaching.
Founded in Semarang, HSBC Indonesia and the Yayasan Cinta Anak Bangsa (YCAB) designed this program to preserve our culture and equip unemployed young people who have dropped out of school or are not working to create and market batik. By having these skills, participants can become more employable in the batik industry or build their own batik business.
HSBC Indonesia and Wahana Visi Indonesia (WVI) aim to foster literacy amongst students.
Partnering with SOS Children Villages Indonesia, HSBC Indonesia aims to equip young people aged 15 to 23 with skills in English, financial management, entrepreneurship and marketing.
An estimated 80 per cent of global trade passes through supply chains – networks of customers and suppliers that contribute to delivering an end product or service to market.
In many industries, it is a company’s supply chain – rather than the company itself – that is responsible for the majority of greenhouse gas emissions and therefore offers the greatest potential for environmental improvements. By setting high procurement standards, buyer firms can help drive sustainable practices in supplier businesses.
HSBC Indonesia and WWF Indonesia provide long-term support through the introduction and training of environmentally-friendly production standards to help the sustainability of the seaweed industry.
HSBC and WWF Indonesia conduct training and workshops, and have introduced sustainability standards for the coffee industry.
Finance has a crucial role to play in tackling climate change – and HSBC is recognised as a leading partner in the transition to a low-carbon world. We are committed to supporting responsible economic growth and enabling the low-carbon transition using sustainable finance.
We define sustainable finance as any form of financial service which integrates environmental, social and governance (ESG) criteria into business or investment decisions.
A key objective for HSBC is to provide financing to enable the transition to a low-carbon economy and to help clients manage transition risk. Sustainable financing includes providing credit and lending facilities, as well as advisory services or access to capital markets.
Partnering with WWF Indonesia, HSBC Indonesia facilitates dialogue between various stakeholders such as the private sector, government, research institutions, academics, non-profit organisations and experts – through which we can find sustainable finance solutions.
HSBC Indonesia is committed to supporting inclusive growth that helps communities be more independent and have a better quality of life.
In response to the unprecedented circumstances of the pandemic, HSBC Indonesia work with NGO partners to distribute donations for those who are in need or affected, as well as provide support for the medical professionals.
In an effort to minimize the spread of the virus within the community and help those who are affected by the Covid-19 outbreak especially in vulnerable areas, we work together with Rumah Zakat to distribute Personal Protection Equipment (PPE) for medical proffesional and basic food supply. PPE are distributed to 35 hospitals in 24 cities / regencies spread across 15 provinces. While Basic Food Packages are distributed to 11 cities / districts in seven provinces.
Through Wahana Visi Indonesia Foundation, we distributed personal protective equipment (PPE) for medical personnel in West Kalimantan inland and cash in form of digital vouchers to families in DKI Jakarta who are affected economically.