HSBC México S.A. (HBMX) stood out this year for its exceptional commitment to ESG principles. The bank has successfully integrated ESG objectives into its core operations, demonstrating a proactive approach in sustainable financing and responsible banking practices.
In 2024, HBMX mobilised over $1.9 billion in sustainable financing, with 94 transactions supporting climate mitigation, social inclusion and gender equality. Notable deals included Mexico’s largest corporate sustainable bond issuance and innovative instruments like sustainability-linked loans and trade finance for electric mobility.
HBMX also made strides in environmental performance, achieving 100% renewable energy consumption and reducing operational emissions through energy-efficient upgrades and supply chain engagement. Socially, the bank empowered 1,200 women-led businesses through its Mujeres al Mundo programme and invested Ps$53.9 million ($2.9 million) in community projects, including mangrove restoration and disaster relief.
Through strategic partnerships, policy advocacy and employee engagement, HBMX continues to shape Mexico’s ESG agenda
Governance enhancements included the launch of the sustainability execution programme and ESG climate score framework, ensuring robust oversight and climate risk integration. Through strategic partnerships, policy advocacy and employee engagement, HBMX continues to shape Mexico’s ESG agenda.
This comprehensive approach to sustainability has positioned HSBC Mexico as a catalyst for responsible banking and long-term impact in the region.
