
HSBC believes that support for primary and secondary education, in particular for underprivileged children, is crucial to the future development and prosperity of every country. The aim of HSBC's education initiatives is to provide access to education, chiefly for people from disadvantaged backgrounds who might not otherwise get the opportunity.
HSBC also understands the importance of financial literacy to improve financial well-being and to develop debt management strategies. Because of this, HSBC has ensured financial literacy has been incorporated into its corporate social responsibility strategy.
Around the world, HSBC's support for education is managed by the HSBC Global Education Trust. US$40 million was donated to educational projects around the world in 2006 by the HSBC Group. In Australia we contribute to two areas of the Trust's work, supporting SIFE and iNet programmes run locally.
Find out more about how the HSBC Group supports education around the world