17 October 2011

HANG SENG BECOMES FIRST LOCAL BANK IN HONG KONG ON THE DOW JONES SUSTAINABILITYASIA PACIFIC INDEX

Hang Seng Bank is now a constituent stock on the Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific) — the first local bank in Hong Kong to be included in the index.
The DJSI Asia Pacific sets benchmark for best-in-class corporate sustainability performance of companies in the Asia Pacific region based on the long-term economic, environmental and social criteria.
Hang Seng's good practice in corporate responsibility was particularly noted on environmental performance and social reporting.
Hang Seng has published its annual online corporate responsibility report since 2006. The report provides details of the Bank's sustainability principles, the relationships with key stakeholders and the major corporate social responsibility projects. Its report follows the internationally recognised reporting standard – Global Reporting Initiative (GRI) Sustainability Reporting Guidelines. Hang Seng is the first local bank to attain a GRI standard.
Mrs Margaret Leung, Vice-Chairman and Chief Executive of Hang Seng Bank said, “Sustainability is central to Hang Seng Bank’s strategy. While ensuring a long-term business growth, we also encourage our stakeholders — including our colleagues, customers and business partners — to commit to practising social responsibility. We are delighted that Hang Seng’s good practice in sustainability is recognised by the Dow Jones Index.”
Hang Seng’s corporate sustainability performance has been gaining international recognition. The Bank has been a constituent member of the FTSE4Good Global Index for 10 consecutive years, and is the first local bank in Hong Kong to attain international environmental management system ISO 14001 certification in 2005.
For more details about the Bank’s corporate social responsibility practices, please visit: http://www.hangseng.com/e_about_us/corporate_responsibility/2010/index.html
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Hang Seng Becomes First Local Bank In Hong Kong On The Dow JonesSustainability Asia Pacific Index/ 2About Hang Seng Bank

Founded in 1933, Hang Seng Bank operates around 220 service outlets serving both personal and business customers. The Bank also maintains a branch in Shenzhen for foreign currency wholesale business, branches in Macau and Singapore, and representative offices in Xiamen and Taipei.
Established on 28 May 2007, wholly owned subsidiary Hang Seng Bank (China) Limited operates a mainland China network of 39 outlets in Beijing, Shanghai, Guangzhou, Shenzhen, Dongguan, Fuzhou, Nanjing, Hangzhou, Ningbo, Tianjin, Kunming, Foshan, Zhongshan and Huizhou.
With consolidated assets of HK$973.2 billion as at 30 June 2011, Hang Seng Bank reported a profit attributable to shareholders of HK$8,057 million for the first six months of 2011 and HK$14,917 million in 2010. Hang Seng Bank is a principal member of the HSBC Group, one of the world’s largest banking and financial services organisations. For further information on Hang Seng Bank, please visit the bank's website at www.hangseng.com.
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