Our priorities are to help young people reach their potential through educational support, and to improve access to fresh water and sanitation through the HSBC Water Programme
In Hong Kong, we have a long history of supporting community initiatives. In 1905, the bank made a HKD50,000 donation for the construction of the first university in Hong Kong; and in 1965, the HSBC Social Work Scholarship Scheme was started through endowment funds donated to the University of Hong Kong and the Chinese University of Hong Kong.
Many community projects in Hong Kong are funded by the Hongkong Bank Foundation charitable trust. It was founded in 1981 by the Hongkong and Shanghai Banking Corporation Limited to co-ordinate its community support programmes in the Hong Kong Special Administrative Region (Hong Kong SAR). Since 1997, the Foundation has also been donating to programmes that benefit mainland China.
The Foundation supports about 200 community projects each year, helping more than 800,000 people. It has donated more than HKD1.4 billion to projects in Hong Kong and China since its inception.
Its principal interests are education, health/wellness, environmental protection, and enhancing links between the Hong Kong SAR and mainland China.
Read more information about the type of projects we fund and how to apply here:
How to apply for Hong Kong project funding (2-page PDF 130KB)
How to apply for Mainland project funding (2-page PDF 19KB)
To commemorate its 150th anniversary, in March 2015, HSBC issued HKD150 denominated banknotes in Hong Kong for public subscription and online auction. Net proceeds from the sale, amounting to HKD477 million, will be donated to local charities in Hong Kong through the Hongkong Bank Foundation and the Community Chest of Hong Kong. The request for proposal process has completed. HSBC will announce the result in the fourth quarter of 2016. Please refer to the FAQ for details.
Globally we invest about USD50 million a year in education projects. In Hong Kong, HSBC commits HKD12 million each year in providing scholarships to 200 Hong Kong top students under the following schemes:
An annual regional competition is held in partnership with the Asia Case Research Centre of the University of Hong Kong. An initial Hong Kong round is held to select the top teams to compete in the regional round, which is held in Hong Kong and attracts 24 teams from Asia Pacific and beyond.
Organised by the Hong Kong Federation of Youth Groups, the Series aims to nurture the next generation of Hong Kong’s financial leaders. It encourages 200 top business and economics undergraduate students in Hong Kong to develop a global vision and broaden their critical analysis of relevant issues of the day through interactive sessions with industry leaders and experts.
The Speak for Success Programme, organised by the Vocational Training Council and supported by HSBC, is a student development programme that aims at strengthening the communication skills of students from the Hong Kong Institute of Vocational Education and the Hong Kong Design Institute. Annually, 500 students joined various workshops and seminars to polish their Chinese and English oratory and social skills.
HSBC is in a global partnership with JA Worldwide, the world’s largest organisation dedicated to educating young people about financial literacy. HSBC volunteers lead JA More Than Money classes for primary school students, while acting as business advisors for secondary school students who start their own companies under the JA Company Programme.
HSBC’s flagship global education programme, Future First aims to tackle child poverty through education projects. It was established in 2006 and has given some of the world’s most marginalised and impoverished young people access to education and life skills, as well as a brighter and better future. In Hong Kong, Future First benefits children of drug abusers, low-income families, new arrival families, ethnic minorities and youths-at-risk.
Kids Read is an English language-learning programme that aims to encourage primary school students to read for pleasure, which opens up a world of learning opportunities about culture, diversity, communication, financial literacy and the environment. Kids Read is organised by The British Council and is supported by HSBC.
The USD100 million global HSBC Water Programme improves fresh water provision, protection, and education around the world by partnering with Earthwatch, WaterAid, and WWF. The Programme also supports 58 projects in 34 countries, including an industrial water management support project managed by the Hong Kong Productivity Council in Guangdong.
Under the HSBC Water Programme, hundreds of HSBC employees are being trained as Citizen Science Leaders (CSLs) to support local freshwater research by the Open University of Hong Kong and contribute freshwater scientific data to The Water Hub
More recently, we are supporting the Hong Kong Organic Resource Centre at the Hong Kong Baptist University to convert existing green roofs into urban organic farms, in order to promote local and sustainable foods. Students are involved as mentors and ambassadors in the Programme.
HSBC also supports the Hong Kong University of Science and Technology to promote air quality and public awareness of climate change and air pollution in the local community through a school-based science to action project. Project Community EXPLORE installs locally developed air quality monitoring technologies on campus and provides funding for student participants to devise solutions to air quality issues.
The Kadoorie Institute of the University of Hong Kong and three other local environmental charities are turning abandoned farmlands in Lai Chi Wo (near Sha Tau Kok) into an eco-agriculture and water management demonstration hub, with an education centre and volunteering opportunities. Lai Chi Wo is one of the best kept traditional Hakka villages in Hong Kong with a unique heritage conservation value.
The Mai Po Nature Reserve, managed by WWF Hong Kong, is a local biodiversity hotspot – a region that supports the livelihoods of many species but at the same time is threatened by climate change and human interference. The last inventory of Mai Po wetland resources was taken more than 30 years ago. With HSBC funding, WWF Hong Kong will teach students, teachers, and citizen scientists to conduct large-scale biodiversity surveys. It will raise public awareness of biodiversity conservation and provide scientific and management recommendations to the government from 2015 onwards.
HSBC helps the local community with donations to community groups and staff volunteering.
This programme funds a range of projects organised by charities. Initiatives that improve social participation among disadvantaged members of the community, such as those with a disability, the elderly and single parents, are given priority. In 2015, HKD18 million was allocated to community initiatives across 18 districts in Hong Kong.
The District Community Programme was established by the Hongkong Bank Foundation in 1992 to support small-scale community projects organised by registered charities, voluntary agencies or schools. It provides maximum funding of HKD50,000 for each project and has donated about HKD79 million to more than 8,000 projects.
HSBC is a founding donor of the Community Chest of Hong Kong which was set up in 1968 and has raised more than HKD270 million. Employee donations to the Chest are matched dollar-for-dollar.
Besides funding, HSBC senior executives also join the Chest's board and committees to offer advice and support on strategic policies and fund-raising initiatives.
We have been supporting the flagship Social Enterprise Summit since 2009, and have partnered with the Hong Kong Council of Social Service for the HKCSS-HSBC Social Enterprise Business Centre since 2008, providing help to more than 400 organisations in Hong Kong.
Follow this link to the HKCSS-HSBC Social Enterprise Business Centre website.
Established in 1993, in 2015, the HSBC Volunteer team comprised of 3,500 staff who volunteered 85,000 hours to community initiatives to help young people, single-parent families, ethnic minorities, elderly people, patients and people with disabilities in Hong Kong.
Find more information about HSBC's community investment projects in Hong Kong.