Hang Seng Bank

Homeownership in Hong Kong accounted for 51.5% in 2022¹. Purchasing a house is less expensive than renting². It builds long-term wealth, which can be transferred to their heirs, giving financial security^2,3. Psychologically, it gives a sense of st...

An average of 6 billion (Bn) payment cards, most of which contain polyvinyl chloride (PVC), are produced each year¹. PVC is one of the most hazardous plastics whose production and disposal release chlorine-based chemicals that are toxic². Plastic ...

About 1.7 billion adults in the world have no access to financial services¹. Youths in Hong Kong have limited or no access to financial literacy programs^2;p1,2. Financial education improves financial literacy by increasing financial knowledge, the...

Discrimination causes loss of self-esteem and confidence, hopelessness, and isolation¹. An inclusive workforce can engage employees, leading a path to individual empowerment^2;p6. People are discriminated against on various grounds such as race, et...

In 2022, global greenhouse gas (GHG) emissions amounted to 53.8 Bn tonnes (t) of CO₂e¹. The rapid increase in the emission of GHGs is causing the Earth's atmosphere to warm, resulting in climate change and global warming². It is reported that 100,...

Although access to credit boosts economic growth in the short term, the associated value of such credits fades in the medium time, with chances of rattling the financial system in the process³. In Oct. 2022, the household debt in Hong Kong reached...

In order to ensure strong institutions and the well-being of society, governments spend a considerable amount of the state's budget on public goods and services, which are funded by taxes paid by individuals and corporations¹. Corporate taxes acco...

Around 3.32 billion people are employed globally as of 2022¹. Job creation is vital for society, as well as for the economy². It fuels economic growth as the spending of wages leads to higher consumer spending³. It reduces poverty by providing soc...

As per the ILO, to be gender-balanced, an organization needs 40-60% of either gender^1;pxiii. An upper ratio of women in the workplace forecasts more job satisfaction, more meaningful work, dedication, and fewer burnouts². Conversely, women's under...

The private sector is composed of for-profit businesses that are not State-controlled¹. Businesses benefit local economies by boosting employment and tax income for governments². Micro and SMEs are the main drivers for economic growth and innovati...