Green Deposits

Enabling businesses to achieve sustainability goals in a simple way

Business customers, in particular SMEs, can now include the sustainability agenda into their treasury activities with a simple and predictable deposit product, contributing to a greener and more resilient future.

Key Features of Green Deposits

Fund eligible environmentally beneficial projects and businesses1

Fixed-term deposit with tenors of three months or above

Minimum deposit amount as low as HKD100,000 or USD20,000

Available in USD, HKD and other major currencies determined by HSBC

Key Benefits of Green Deposits


Stable principal and predictable returns


Contribute to sustainability agenda and demonstrate to
investors its wider role towards low-carbon & clean environment

How do we ensure that funds go to environmentally beneficial projects?

  • Eligible categories of projects and businesses are aligned to the HSBC Green Bond Framework and Green Loan Principles
  • Adherence to the eligibility categories is supported by a mature internal governance structure made up of sustainability experts, senior directors and managers with responsibility for oversight of the use of funds in line with relevant market practices and internal policies
  • Centralised sustainable finance function allocates and monitors the use of funds, and ensures robustness of required reporting

How are Green Deposit limits applied?

  • Funds deposited through Green Deposits are used to finance environmentally beneficial projects through customer lending. Availability of such lending determines the volume of Green Deposit program and limits available to each depositor
  • The depositor will be notified of such limits during onboarding. Any amount placed above the limit will not be considered Green Deposit

How do customers get information on the use of deposited funds?

  • We will provide a quarterly report containing portfolio-level information regarding the use of deposited funds
  • Due to timing gaps between funds being deposited and eligible projects financed, a portion of Green Deposits may appear unallocated at a point in time. We will aim to minimise the unallocated funds through close monitoring of funding and lending pipelines. Deposited funds awaiting allocation will be clearly identified in quarterly report

Who is it for?

  • Corporates or public sector companies looking for inclusion of sustainability agenda into their financial chain
  • Companies with limited opportunities for investment in environmentally beneficial projects
  • Companies which prefer investing their surplus cash in deposits rather than in marketable securities (e.g. bonds)

Be part of the Business Plan for the Planet

Let us be your partner to help you with the transition to a sustainable business model

Apply now

We are always here to support businesses with flexible ways to participate in sustainability. Please contact your Relationship Manager or call 2748 8238 for more details.

Notes:

  1. All such projects and businesses are outlined in the Green Deposit Guide, which is available during the onboarding. Examples of green project themes include Renewable Energy, Energy Efficiency, Efficient Buildings, Sustainable Waste Management, Sustainable Land Use, Clean Transportation, Sustainable Water Management and Climate Change Adaptation. Examples of green project themes shown here are non-exhaustive and for illustration purposes only.

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