Home | June 2012News | HSBC invests $100m in water projects to improve lives and boost economic development |
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HSBC invests $100m in water projects to improve lives and boost economic development
- HSBC invests $100m in water projects to improve lives and boost economic development
- June 11, 2012
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HSBC is investing $100m to help transform the lives of more than 1 million people through providing access to safe water and spearheading water protection projects. The bank will be working with leading charities on social and environmental projects which have the potential to provide long-term economic benefits to local communities.
The five-year programme, launched by HSBC Group Chairman Douglas Flint, involves working in a groundbreaking partnership with WWF, WaterAid and Earthwatch.
Mr Flint said: "Water is essential not only to human health and happiness, but to the prosperity of individuals and the economic development of nations." He pointed out that poor management of scarce water resources could mean "GDP growth in river basins would not materialise", while investment in the provision of safe water and sanitation...
- View more at: http://www.1888pressrelease.com/hsbc-invests-100m-in-water-projects-to-improve-lives-and-bo-pr-402665.html
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