With technology developing at a rapid pace and sudden challenges such as COVID-19 changing the way we work and live, a range of skills are now needed to thrive in the modern world. That’s why we are focusing a key part of our sustainability strategy on future skills for our customers, employees and for the people in the communities we serve. We concentrate on two key areas: employability and financial capability.
This is the world’s largest business case competition that brings together undergraduate students from some of the best Malaysian universities to enhance students’ business acumen by challenging them to come up with creative and feasible solutions for real-life business cases. The competition nurtures future business leaders by bridging the gap between academia and the business world, promoting the financial capability of the participating students. The competition also promotes diversity and inclusion with students from over 14 countries.
Students from the HSBC Business Case Competition 2020 with sponsors and judges.
Partnering with the Malaysia Youth Council HSBC Malaysia sponsored 300 youths from low income group to participate in a 3-month’ PROKENS Employability Skills Training programme; designed to develop and refine employability and financial skills of participants whilst helping them build a marketable career and increase their chances to secure employment. The initiative in part supports the Government’s Covid-19 recovery initiatives to help our youth attain a more promising future.
Partnering with MySkills Foundation, HSBC Malaysia funded the initiatives to equip at-risk youth in Malaysia with relevant skill sets, including technical and vocational education for gainful employment and help them achieve sustainable livelihoods.
Together with Agensi Kaunseling dan Pengurusan Kredit (AKPK), HSBC Malaysia supported financial education to enable students improve their understanding of financial products and concepts, as well as to develop the required skills to improve financial literacy.
In partnership with MyKasih Foundation, the programme aims to equip the urban indigenous women with sewing skills and further help the community to earn income and achieve financial independence.
Participants of the Green Jeans Project learning how to sew
In Malaysia, HSBC has partnered with the Global Environment Centre (GEC) and Selangor State Forestry Department to restore and promote sustainable management of the peatlands in North Selangor Forest and its surrounding areas. Our partnership helps sustain local livelihoods, reduce risk of fire and haze and rehabilitate the 1,000 hectares of degraded areas within the forest reserve.
We have a responsibility to invest in the long-term prosperity of the communities where we operate. On top of providing ongoing community support, we are committed to providing financial and other help in response to unforeseen and sudden challenges including natural disasters, humanitarian crises and pandemics such as COVID-19.
In Malaysia, HSBC has partnered with local charities and NGOs to support and defend the livelihoods of the underserved communities through our donations and skills trainings. These include our RM1 million donation to MERCY Malaysia to support its Covid-19 Strategic Preparedness and Response Plan through The Association of Banks Malaysia (ABM). HSBC Malaysia through its ‘Employee Matching Funds’ programme has also donated to three local charities; PERTIWI Soup Kitchen, Yayasan Chow Kit and The Lost Food Project to provide food security for vulnerable individuals and families. Other contributions were made through the Development of Human Resources for Rural Areas (DHRRA) and MyKasih Foundation to aid the needy nationwide as well as the Orang Asli community and people with disabilities.
Find out more about our global COVID-19 donation fund.