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Supporting the Community Chest
Every 32 seconds another person in Hong Kong benefits from the services provided by The Community Chest of Hong Kong.
HSBC is one of the founding members of the Community Chest that was established in 1968 to raise funds for social welfare agencies in Hong Kong and has won its Top Donor award for the past nine consecutive years.
In 2007-08 the Bank donated some HK$10.8 million to the Community Chest. HSBC employees contribute to the Community Chest through various activities. On top of making an annual donation to the Chest, the Hongkong Bank Foundation matches funds raised by HSBC employees.
The Hongkong Bank Foundation also provides additional financial assistance beyond general contributions. In 1997, the Foundation established a special fund for the Chest which guarantees a 10% annual return - income that is used by the Chest to fund pilot projects developed by member agencies.
To acknowledge HSBC's significant contribution, the Chest named the promenade of the Murray House section of Stanley "HSBC Seafront Promenade."
- More than 12,000 HSBC staff participated.
- Staff donations were matched dollar by dollar by the Hongkong Bank Foundation.
- HSBC totally contributed more than HK$1.47 million in 2007, winning the Top Donor Award of The Community Chest Dress Casual Day/ Dress Special Day for the 15th consecutive year.
HSBC is a major sponsor of Green Day 2008 themed "Think Green and Live Green" which encourages the public to adopt a holistic approach to environmental protection.
Walks for Millions is a good team building exercise for employees and HSBC is an active supporter for years.
Head of Corporate Sustainability Asia Pacific Region Teresa Au received the 'Top Donor of the Year' Award and four other awards from Mrs Selina Tsang, President of the Chest and wife of HKSAR Chief Executive at the 2007/08 annual award presentation ceremony of the Community Chest.
Chairman Vincent Cheng receives the 2006/2007 Top Donor of the Year Award from Mrs Selina Tsang.
Teresa Au, (left) received the Top Donor Award for the 2007 Community Chest Dress Special Day from the Hon Henry Tang, the Chief Secretary for Administration of HKSAR.
HSBC Seafront Promenade.
Executive Director Peter Wong (5th from left), Advisor, Strategy and Economics Asia-Pacific George Leung (4th from left) and Head of Insurance Asia Pacific David Fried (6th from right) encourage staff participation in Dress Special Day 2007.
Teresa Au (middle) and her team support the event.
Dress Special Day is also a team-building event for HSBC employees.
Other Community projects and activities
It is hoped that HSBC's support will encourage others to contribute.
Peter Wong
HSBC Executive Director
