HSBC wins Euromoney award as Egypt’s Best Bank for ESG

HSBC wins Euromoney award as Egypt’s Best Bank for ESG

HSBC has been named Best Bank for Environmental, Social and Governance (ESG) in Egypt at the Euromoney Awards for Excellence 2022.

This recognition comes in addition to seven other HSBC wins across the Middle East – more than any other bank in the region. HSBC is the Middle East’s Best Investment Bank and, for the fourth year in a row, the region’s Best Bank for Sustainable Finance.

HSBC is the only bank to have held the title of the Middle East’s Best Bank for Sustainable Finance since the award’s 2018 inauguration. Outside of the Middle East, HSBC was named Asia’s Best Bank for Sustainable Finance for the fifth consecutive year, and was recognised as the World’s Best Bank for Trade Finance.

Todd Wilcox, HSBC Egypt Chief Executive Officer and Deputy Chairman, said: “Being recognised as the Best Bank for ESG demonstrates our commitment to building a business for the long term and developing relationships that last. With the COP27 UN climate change conference coming to Sharm el-Sheikh in November, our ambition is to support Egypt’s government and businesses as valued partners as we take action on the transition to a low carbon future.”

Stephen Moss, HSBC Regional Chief Executive for the Middle East, North