HSBC announces $90m environmental project

DUBAI — HSBC, the world's first major bank to become carbon neutral, has committed a further $90 million over five years to reduce the bank's impact on the environment through a series of initiatives, including the introduction of renewable energy technology, water and waste reduction programmes and employee engagement.

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Published: Mon 2 Jul 2007, 9:13 AM

Last updated: Sat 4 Apr 2015, 10:11 PM

The Global Environmental Efficiency Programme will enable HSBC offices worldwide to showcase environmental innovation and share best practice to help the bank achieve its environmental reduction targets. The programme will be reviewed annually to consider the success of trials, emerging technology, innovation and business needs.

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