HSBC Bank Malta and The Malta Chamber recently organised a webinar titled ‘Business Plan for the Planet’, which explored the importance of adopting sustainable practices in business operations.
The webinar referred to HSBC’s bold and ambitious plan to become the leading bank for the transition to a net-zero economy. HSBC Group is aiming to reach carbon neutrality by 2030 and aims to help its clients reach this target by 2050 in line with the Paris Climate Action Agreement.
The webinar was addressed by Perit David Xuereb, former President of The Malta Chamber of Commerce, Enterprise and Industry, Joyce Grech, Head of Commercial Banking, HSBC Malta p.l.c., Sabrin Rahman, Head of Sustainability, Europe, Middle East and North Africa at HSBC Bank Middle East Limited, Sibel Sirmagul, Head of Product and Propositions Europe, Global Trade and Receivables Finance at HSBC Bank plc and Hugh R Blacklock, Senior Manager of Transaction Risk Management also at HSBC Bank plc.
All panellists agreed that sustainable and Environmental, Social and Governance (ESG) practices are no longer an option but a must, with expectations coming from various stakeholders. They outlined how a sustainable change can start with small steps and be the driver for the success and future growth of a business.