HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories.
We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.Our global businesses serve more than 40 million customers. They range from individual savers and investors to some of the world’s biggest companies and governments.
We are committed to a company-wide approach to diversity and inclusion. We want to embrace our people’s diverse ideas, styles and perspectives to reflect and understand our customers, communities, suppliers and investors. Our actions are focused on ensuring our people are valued, respected and supported to fulfil their potential and thrive. We want them to bring the best of themselves to work to help deliver more sustainable outcomes for all of our stakeholders. We were one of the first financial services organisations to report its 2019 gender pay gaps in line with UK regulations. Our median aggregate UK-wide gender pay gap, including all eight reported HSBC entities, was 47.8% and our median bonus gap was 60.5% in 2019. Our overall UK gender pay gap is driven by the shape of our workforce. We have a higher proportion of men in senior and higher paying roles, particularly in our UK-based Global Banking and Markets business. There are more women in junior levels and part-time roles, particularly in HSBC UK, our UK ring-fenced bank. Additionally, we have a number of senior global roles based in the UK.
We are committed to improving our gender balance in the UK and beyond, and are driving a three-part plan, which focuses on:
–leadership action; –support for our employees; and –an open and inclusive environment.