Advertisement

40 years on, The Hongkong Bank Foundation continues its charitable mission to answer new needs in the community

  • For the foundation’s anniversary, HSBC is donating HK$140 million to 10 projects focused on the environment, skills development and quality of life
  • Four of the charity partners benefiting from the donation share how the foundation’s support has helped them innovate and grow over the years

Paid Post:HSBC
Reading Time:6 minutes
Why you can trust SCMP

[Sponsored article]

Advertisement

Philanthropy is not just about kindness, it’s also about vision. For 40 years, The Hongkong Bank Foundation, established by HSBC, has shown an unequivocal dedication to Hong Kong society. With a home-grown bank behind it, the foundation has also shown it is a charitable organisation that understands how to continue making the city a better place.

Since 1981, the foundation has supported more than 10,000 charity projects in Hong Kong, and has proven to be instrumental in answering the community’s needs. Its donations have helped disadvantaged communities, provided mentoring to young people, and empowered responses to environmental issues.

In 1993, HSBC Volunteers was established to encourage employees of the bank to embrace its philanthropic values and beliefs through action. The group has taken part in various projects through workshops, visits and other activities. Over the course of about 28 years, the volunteer group has contributed more than 1 million hours of service in Hong Kong.

Over the past two years, the world has felt the impact of the Covid-19 pandemic – including the financial, mental and physical toll that it has taken on Hong Kong society. In response, the foundation has made a pledge to devote time and resources to strengthening the community and overcoming these challenges.

Advertisement
Peter Wong, chairman of The Hongkong and Shanghai Banking Corporation and The Hongkong Bank Foundation, says the bank and its charity are ready to support the Hong Kong community in facing new challenges brought on by the Covid-19 pandemic, technology and climate change.
Peter Wong, chairman of The Hongkong and Shanghai Banking Corporation and The Hongkong Bank Foundation, says the bank and its charity are ready to support the Hong Kong community in facing new challenges brought on by the Covid-19 pandemic, technology and climate change.

“Hong Kong’s challenges are being widened and deepened by technology changing workplaces and society, the Covid-19 pandemic disrupting life and work, and climate change,” says Peter Wong, chairman of The Hongkong and Shanghai Banking Corporation, and The Hongkong Bank Foundation. “Looking ahead, we stand with the community, ready to meet the new set of challenges.”

Advertisement