Over the years, HSBC has been actively pursuing sustainability initiatives aimed at mitigating environmental impacts in the community. Dedicated to its cause, HSBC has strived to cultivate a healthy climate for everyone especially for the generations to come. With diverse projects on climate adaptation and mitigation efforts, HSBC's recent efforts include enhancing biodiversity in the country's coastline, enriching urban landscapes, and farmlands etc.
Mangrove Plantation:
Caption: Mangrove Plantation in partnership with BRAC, BEZA and HSBC in Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN), Mirsharai, Chattogram
Mangroves have always been the silent protectors of Bangladesh, acting as the shield and first line of defense against natural disasters like cyclones. Exacerbated by climate change, such natural disasters give salient reminder of our duty towards the environment. Contributing to the country's pledge of increasing the nationwide mangrove coverage by 5%, HSBC in partnership with BRAC has been implementing its "Mangrove Plantation for Climate Mitigation (MPCM) and Alternative Livelihood" project with the objective to create mangrove forestation in the allocated land of the Bangaband- hu Sheikh Mujib Shilpa Nagar (BSMSN), Mirsharai, Chattogram. For this initiative, HSBC has also been awarded "A Better Tomorrow CSR Awards 2022".
Urban Revitalisation:
Caption: Enhancement of greenery at Lautola Khal, Bosila in partnership with Shakti Foundation, DNCC and HSBC.
In an effort to support sustainable cities, HSBC in partnership with Shakti Foundation and DNCC initiated a two-year program on enhancing greenery by planting trees in Bosila, Mohammadpur which supported maintenance and plantation growth for protecting the ecosystem through the plantation.
With constant increase of temperature, 
decrease of rainfall, and increase of salinity, the key impact for climate change falls upon the agricultural sector. Such change in weather patterns hinders crop production, for which there has been a drastic need of taking action. HSBC has been supporting projects in major climate hotspots for Bangladesh with its climate adaptation models.
In Bangladesh, six innovative climate projects are underway to promote sustainable agricultur- al practices and mitigate the impacts of climate change. One such initiative is the 'Adaptation Clinic'- a one-stop service center in Jamalpur. With BRAC's partnership, this center provides climate-smart agri-advisory information, following both horizontal and vertical expansion approaches to bridge the gap in agriculture production.
Caption: Shoshogola, a grain storage facility for farmers in Dewanganj,
approaches to bridge the gap in agricultural Jamalpur.
This climate-friendly structure is powered by solar panels and designed above flood level.
With collaboration with Solidaridad in Noakhali, a sustainable soybean farming program,, is increasing the adoption of smart cropping systems, which have been scaled to coastal areas to foster a more sustainable oil market. Additionally, a project focused on mangrove-based aquaculture has developed a landscape model for the extensive shrimp farming in the Khulna and Shathkhira districts, also in partnership with Solidaridad. This project aims to expand mangrove-based aquaculture practices. In the drought-prone Barind region, a climate-resilient agriculture initiative is transferring water-efficient rice and mango technologies to local communities, thanks to a partnership with the Syngen- ta Foundation. Moreover, in the Southwest coastal region, a project is developing a sunflower value chain to ensure sustainable farm household income, in collaboration with Care Bangladesh. Finally, in the Haor region, a project is enhancing the adoption of climate-resilient rice varieties and improving the rice value chain to foster youth entrepreneurship, in partnership with IRRI. These diverse projects collectively aim to create more sustainable and climate-resil- ient agricultural practices across various regions of Bangladesh.
Together for Climate:
Caption: Together for Climate with Dhaka North City Corporation to foster partnerships, stakeholder engagements
HSBC Bangladesh is continuing its efforts towards the community through leadership initiatives such as 'Together for Climate' with an objective of 3A: Awareness, Adaptation and Action. There has been 4 such initiative coverings: nature-based solution, circular economy, sustainable fashion and energy efficiency.
These initiatives aim to foster partnerships, stakeholder engagements and policy-level discussions to bring development in climate action.
28 Foreign Investors' Chamber of Commerce and Industry
