Chartered Banker and HSBC UK partner to support sustainable banking
By Joy Dumasia
The Chartered Banker Institute and HSBC UK are working together to develop the knowledge and expertise of the bank’s commercial banking team to better support UK businesses navigate a transition to net zero. More than 500 employees are expected to participate in the Institute’s Green and Sustainable Finance e-learning over the next year.
The bank’s most recent Navigator report found that 78% of UK companies believe that a greater focus on sustainability will result in sales growth over the next year. Consumers are more attracted to doing business with firms with clear ESG ambitions.
Simon Thompson, Chief Executive of the Chartered Banker Institute, says: “To ensure every professional financial decision includes climate change, we must ensure every finance professional develops the expertise required to manage climate risks and identify the opportunities from the transition. As the leading global voice for responsible and sustainable banking, and with an advanced curriculum of learning content and professional qualifications, the Institute is uniquely placed to support HSBC UK.”
Amanda Murphy, Head of Commercial Banking, HSBC UK, added: “Many of our business customers understand that a strong sustainability strategy is a key to improving their financial position today, as well as protecting their growth aspirations in the future. We’re delighted to be working with the Chartered Banker Institute to ensure that we are best placed to support customers as they transition to net zero.”
Recently, IBS Intelligence reported that HSBC UK announced the launch of HSBC Kinetic, a mobile-first banking service. The new solution has been developed using insights from over 3,000 small business owners. It is available for download on iOS and Android via the Apple App Store and in Google Play.
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