HSBC’s ‘village rainwater’ project labelled a success

HSBC held a workshop earlier this month to present its successful “Building rainwater community village” - a joint project with Seongbuk District Office and an environmental NGO Green Education Center.

HSBC said the project is part of the larger “HSBC Water Program” which is aimed at providing services to tackle water shortages.

The project, which started off a year ago, installed tanks that have a combined capacity to store 31 tons of rainwater. It was installed in seven homes, Kookmin University, Jeungneung Welfare Center, Onteo Children’s House and Jeungneung Senior Citizen’s House, in the Seongbuk District, in northern Seoul.

“This is a good example where we achieved a success through close cooperation with a private company, a civic group and a local municipal government,” said Martin Tricaud, President and CEO, HSBC Korea.