HSBC has launched ‘Sustainability Tracker’, a free to use online tool, in support of SME businesses across Jersey, Guernsey and the Isle of Man as they initiate or continue their sustainability journeys.
The tool assesses the relevant sustainability status and prioritises next steps through use of a tailored self-assessment process. HSBC said the launch comes as small and medium sized enterprises increasingly seek to adjust business models towards more sustainable practices, but where dedicated tools have been lacking.
Aline Ayotte, head of Commercial Banking, HSBC Channel Islands and Isle of Man, said: "Businesses across the Islands are recognising the opportunity that comes from being more sustainable and are seeking to demonstrate their ESG credentials to customers, investors, staff, and other stakeholders. This is particularly the case against the backdrop of all three islands having net zero commitments. Our aim is to help clients and businesses to achieve their sustainability targets, and the launch of the HSBC Sustainability Tracker is one way we are able to do this."
The Sustainability Tracker builds on HSBC’s ongoing commitment to supporting businesses on their ESG journeys, and complements its existing sustainable solutions, including its Green and Sustainable Loan offering and Green, Social and Sustainable Bonds.
