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The world's local bank - HSBC

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<strong>HSBC</strong> FRANCE<br />

Corporate social responsibility policy (continued)<br />

– Integrating and encouraging the employment of<br />

people with disabilities.<br />

CCF’s management and social partners signed<br />

an agreement on the employment of people with<br />

disabilities in 2004, with the aim of improving<br />

employment and employment conditions. Within<br />

the next two years, <strong>HSBC</strong> France is aiming to<br />

increase employment of people with disabilities<br />

by 9 per cent compared with 2002.<br />

Development of an education policy in France<br />

Education is one of the key factors in success. <strong>The</strong> aim<br />

of <strong>HSBC</strong>’s education initiatives is to increase access to<br />

education, particularly for children from disadvantaged<br />

areas. <strong>HSBC</strong> assists <strong>local</strong> authorities’ education efforts<br />

in regions where the Group operates, particularly<br />

through foundations.<br />

To fulfil the Group’s commitment to supporting<br />

education, <strong>HSBC</strong> France announced the creation of its<br />

“Fondation <strong>HSBC</strong> pour l’Education”in late 2005, under<br />

the aegis of “Fondation de France”. <strong>The</strong> partnership<br />

with Institut d’Etudes Politiques in Paris is the first project<br />

supported by this foundation, and aims to facilitate access<br />

to education for disadvantaged young people.<br />

Outside France, <strong>HSBC</strong> has joined forces with SIFE<br />

(Students in Free Entreprise), which every year<br />

organises competitions in schools and universities<br />

across more than 40 countries. <strong>The</strong> winners of these<br />

competitions then take part in a global competition.<br />

<strong>The</strong> <strong>HSBC</strong> Group’s worldwide Corporate Client teams<br />

have partnered with SIFE since March 2005. <strong>The</strong><br />

French team was represented on the jury of SIFE<br />

France’s national competition, encouraging students<br />

of top French universities to create and develop<br />

business plans.<br />

2005 “NRE”Appendix – environmental section<br />

Information regarding the consequences of the<br />

company’s activity on environment, accordingly Article 2<br />

of decree 2002-221 of 20 February 2002 enacting Article<br />

L. 225-102-1 of the French Commercial Code.<br />

Water consumption<br />

In 2005, <strong>HSBC</strong> France consumed 270,586 m3 of water<br />

and had 12,848 staff (full-time equivalent) in France,<br />

giving water consumption of 21 m3 per employee. This<br />

figure is almost the same as the previous year. However,<br />

<strong>HSBC</strong> is committed to cutting water consumption<br />

by 9 per cent in France between now and end-2007. To<br />

achieve this, the Group intends to pursue its awarenessraising<br />

campaign among staff, extending it to cover<br />

reducing water consumption, and to replace airconditioning<br />

systems that waste water. <strong>The</strong> group has<br />

also initiated an action of equipment of its sanitary<br />

facilities in order to reduce water consumption.<br />

2005 2004 2003<br />

Water consumption<br />

in thousands of m3 . . . . . . 270 258 226<br />

Water consumption<br />

per person (m3) . . . . . . . . . 21 20.3 21<br />

Raw materials consumption<br />

Paper consumption<br />

<strong>HSBC</strong> in France used 2,305 tonnes of paper in 2005,<br />

an increase of more than 15 per cent. This rise was due<br />

to increased communication efforts and higher business<br />

levels related to the strategic plan and rebranding.<br />

Measures are now being taken to reduce paper usage.<br />

<strong>The</strong>se include distributing all internal circulars in<br />

electronic form, gradually removing all individual<br />

printers, installing intranet-based absence management<br />

software and messages to encourage employees to<br />

reduce the number of documents they print.<br />

2005 2004 2003<br />

Paper purchased (tonnes) . . 2,305 1,993 1,956<br />

Energy consumption<br />

Electricity consumption:<br />

74,009 MWh, giving average consumption<br />

of 5.7 MWh per FTE employee.<br />

Gas consumption:<br />

16,604 MWh, giving average consumption<br />

of 1.3 MWh per FTE employee.<br />

Fuel oil consumption:<br />

6,549 MWh, giving average consumption<br />

of 0.5 MWh per FTE employee.<br />

2005 2004 2003<br />

Energy consumption (GWh) 111 109 91<br />

<strong>The</strong> increase in energy consumption was due to<br />

the build-up in business levels and IT hardware<br />

requirements in 2005. However, <strong>HSBC</strong> France is<br />

committed to reducing energy consumption by 2 per cent<br />

between now and year-end 2007. To achieve this, energy<br />

diagnostic work has been carried out at its central sites<br />

by an ADEME-approved company. This work started in<br />

the fourth quarter of 2005 and will continue in 2006.<br />

<strong>The</strong> aim is to gain an overview of energy consumption<br />

and to produce recommendations for improving energy<br />

use. When this work is complete, an action plan will be<br />

drawn up by the business premises department.<br />

Air, water and ground pollution<br />

<strong>HSBC</strong> in France estimates carbon dioxide (CO 2<br />

)<br />

emissions as part of environmental reporting carried<br />

out by the <strong>HSBC</strong> Group worldwide. In 2005,<br />

40

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