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Sustainability Risk Management
| HSBC considers managing the environmental and social impacts of providing finance to our customers as a part of our business. We track and rate every corporate customer around the world, including within Vietnam, which operates in an industry sector with sensitive environmental and social issues. There are some businesses we simply won't finance, such as unsustainable logging in rainforests or operations in UNESCO World Heritage Sites. In 2003, HSBC adopted the Equator Principles, a set of voluntary guidelines that help financial institutions assess and monitor the environmental and social impacts when providing specific loans to large projects. HSBC voluntarily extends the Principles to export finance loans and other facilities where the use of proceeds is known to be directly related to a project. In addition, HSBC has developed a series of risk policies for sensitive sectors, including Chemicals, Energy, Freshwater Infrastructure and Mining and Metals. These policies cover a wider range of financial services than lending and are applied regardless of the value of the transaction or size of the business. |
Ho Chi Minh City
Head Office
The Metropolitan
235 Dong Khoi St.
Dist. 1, Ho Chi Minh City
