HSBC Kita

As a leading international banking and financial services institution, HSBC has always striven first and foremost to be a successful company, and as such, to maintain the highest ethical values and highest standards of behaviour. One of the group's strategic imperatives is to make HSBC one of the world's leading brands for customer experience and corporate social responsibility (CSR). CSR refers to HSBC's responsibility to its shareholders, customers and employees, to conduct its business ethically, legally, and with awareness and respect for the peoples, communities, and environments it operates within around the globe. In Indonesia CSR applied in HSBC Kita.

HSBC practices responsible finance to ensure that our approach to lending and investment reflects our business principles and values, sensitivity to society's expectations and an assessment of risk. We avoid dealing with certain types of business, such as financing weapons manufacture and sales, dealing with countries subject to international sanctions, and, as a founding member of the Wolfsberg Group, have developed standards for anti-money laundering and counter-terrorist financing policies. We also support policies and procedures of the Vienna and Strasbourg Conventions against drug trafficking.

HSBC considers the exercise of Corporate Social Responsibility to be extremely important. From detailed assessments of lending proposals and investments, to the promotion of good environmental practice and sustainable development, and commitment to the welfare and development of each local community; social, ethical and environmental risks are considered as part of our normal credit assessment and approval process for lending. We have also adopted the Equator Principles, a set of voluntary guidelines that cover the environmental and social impacts of project financing, and place sustainability at the core of economic development. We will not provide loans directly to projects where the borrower will not, or is unable to, comply with either the Equator Principles or our own environmental guidelines, which carry the standard higher. In industries with the potential for major adverse social, ethical, or environmental impacts, we will advance credit only after an additional and detailed assessment of these impacts to ensure our involvement in any such transaction meets our internal standards and external commitments to sustainability.

HSBC Indonesia's CSR program, HSBC Kita, is part of HSBC's global commitment to community enhancement. Apart from HSBC's overall dedication to good corporate governance, the numerous CSR initiatives carried out under HSBC Kita are split into four specific sections, namely, Education, Environment, Community, and Disaster Relief. Through philanthropic and charitable activities and donations, as well as sponsorships and direct staff contribution and involvement, HSBC Kita has already made a great contribution in numerous projects aimed to aid and improve in these areas.

HSBC staff have been willing to participate in these CSR programmes in many ways and with great enthusiasm, which is a great reflection of HSBC's company policy of attracting, developing, and motivating talented and enthusiastic people. We are confident that our community work will continue to yield positive outcomes, both for the staff and the communities themselves, and in turn benefit the company and its operations. Whilst staff have gained an increased respect and understanding for each other and those around them, local communities have been, and will continue to be given, new opportunities for economic and social development, and increased optimism for a brighter future.

Education

Education is crucial to the development and prosperity of every country. By investing in education, HSBC seeks to build the confidence and abilities of young people on whom, as customers and employees, our future business will depend.

Community

HSBC Kita endeavours to support and help local communities through the involvement of employees and the provision of grants. Programmes aim to both sustain and encourage growth in long-established Indonesian traditions, from arts and crafts to dance, and to provide care and encourage community spirit amongst the sick and the underprivileged.

Environment

HSBC believes that sound business management should take account of the effects that business has on the environment, with a view to minimizing detrimental impact. The pursuit of economic growth and a healthy environment are linked; governments, business and individuals all have a role to play in achieving sustainable development.

Disaster Relief

HSBC Kita will continue to stand shoulder to shoulder to assist with disaster program revitalization. Through this commitment, we hope that HSBC Kita can bridge the gap for victims, HSBC staff, our customers and the charitable community.