Hang Seng Bank upscales sustainability fund by 50% to HK$120b

Since launching in 2024, it has already used over two-thirds of the original HK$80b fund.

Hang Seng Bank (HSB) has upsized its Sustainability Power Up Fund to HK$120b with the goal of further supporting corporates in their green transformation.

Since its launch in 2024, more than two-thirds of the original HK$80b fund has already been utilized by June 2025, the Hong Kong-headquartered bank said in a press release in October 2025.

Of this, nearly 70% are sustainability-linked loans, according to Hang Seng Bank. The remaining were allocated to project-based green loans and social responsibility-related loans.

“Alongside the stronger-than-expected demand for green loans, we are also seeing a surge in social loans, especially with the development of the silver economy,” said Regina Lee, head of commercial banking at HSB.

"To meet this growing demand for sustainable financing, we have expanded our fund to align with market trends and better support corporates in adopting more sustainable practices,” Lee said.

HSB has also launched a “Sustainability Power Up Team” that works in collaboration with nine strategic partners of the bank to provide customers with environmental, social, and governance (ESG) support.