HSBC Holdings PLC is one of the world’s largest banking and financial services institutions, headquartered in London, UK. It operates globally with offices in 58 countries and territories, serving millions of customers through its four main global business lines. HSBC engages actively in lobbying at the EU level to influence financial services regulation, trade policies, and other business-related legislative proposals that impact the bank, its customers, and the broader economy. The bank’s lobbying efforts focus on ensuring that financial sector regulations are effective, practical, and conducive to a properly functioning financial system that supports economic prosperity.
HSBC’s approach to public policy engagement is governed by strict ethical standards and oversight mechanisms. The majority of its lobbying is conducted by in-house staff, supplemented by public affairs consultants in key markets such as the UK, Hong Kong, and North America, mainly for political monitoring and strategic advice. HSBC emphasizes transparency and compliance with all relevant lobbying disclosure laws, including those of the EU Transparency Register. The bank also engages with a wide range of stakeholders, including public officials and trade associations, to address issues such as financial crime and climate policy.
In recent years, HSBC has been active in climate-related lobbying, encouraging companies to align with the Paris Agreement and actively engaging with firms to improve their climate strategies and disclosures. It has demonstrated a commitment to responsible stewardship and transparency in its engagements and voting practices related to environmental, social, and governance (ESG) matters. HSBC’s lobbying activities are part of its broader purpose to open up a world of opportunity by leveraging its expertise and global reach to influence policies that affect the financial sector and wider economy
