Post by bonnasuttadhar225588 on Feb 15, 2024 11:15:28 GMT
Aligned with its global strategy focused on contributing to reducing the carbon footprint in the countries in which it operates and also supporting the companies and clients it serves in this transition, HSBC Mexico announced that it will be a sponsor of Ecobici, the bicycle system shared by the capital of the country and the largest in Latin America. This will be HSBC's first sponsorship effort on a bike-sharing network in the world. And what better than to do it in Mexico City, where Ecobici has allowed more than 74 million trips to be made since its launch in 2010. HSBC's sponsorship will boost the renewal and expansion process carried out by 5M2, a subsidiary of Grupo Expansión starting this year. By 2023, Ecobici is expected to increase its number of bicycles from 6,500 to 9,308, expand its cycle stations from 480 to 687 and extend its coverage to the Azcapotzalco, Álvaro Obregón and Coyoacán municipalities. Technological modernization to improve the user experience is the backbone of this new stage of Ecobici.
It is expected that when the expansion in the number of bicycles is completed, this sustainable public mobility system in the country's capital will be the third largest in the world, after those in Iceland Email List London and New York. HSBC Mexico's sponsorship contract will conclude in 2028. Through this sponsorship, the new renovated Ecobici bicycles and cycle stations will carry the characteristic HSBC hexagon, which will literally allow the bank to “accompany” those who use this service and contribute with a more environmentally sustainable public transport. The modernization of Ecobici aims, in five years, to reduce the carbon footprint by 8,300 tons, which would be equivalent to planting 49,000 trees in Mexico City, that is, a third of what the Chapultepec Forest is estimated to have.
Sustainable mobility is fully aligned with our global strategy to reduce our carbon footprint and contribute to caring for the environment. "It fills us with pride that Mexico City can be the spearhead of HSBC's participation in projects of this type in the world." Jorge Arce, general director of HSBC Mexico. From now until 2028, everyone who pays for their Ecobici membership with HSBC credit and debit cards will receive a 15% discount on the service. Effect of HSBC's strategy to reduce carbon emissions in Mexico Towards clients. In 2021, HSBC Mexico participated in the financing of 2.4 billion dollars corresponding to projects with a green focus, with transactions related to foreign trade, sustainable bond issues and thematic bonds, in addition to financing the purchase of hybrid or electric vehicles in Mexico. In its direct operation. Of the different actions carried out by the bank, the following results corresponding to fiscal year 2021 compared to 2019 stand out: the use of electrical energy from renewable sources grew by 53.49%; The CO2 emission from electrical energy decreased by 32.71% and the consumption of electrical energy decreased by 5.50%; reduction of 12.18%, 22.94% and 34.91% in water consumption, paper consumption and total waste generation, respectively.