In response to HSBC Malaysia employees’ increasing desire to give back and aid the needy during this critical time, HSBC Malaysia launched a ‘Matching Funds’ programme to provide a channel for employees in the organisation to help the at-risk communities impacted by the Covid-19 pandemic.
Within the span of two weeks, HSBC Malaysia employees collected over RM63,000. The Bank along with HSBC’s Global Service Centre supplemented this by donating an additional amount of RM175,000, making HSBC’s total donation RM238,000.
HSBC has a longstanding commitment to serve the needs of the communities in which they operate through good times as well as more challenging times.
The donation sum was distributed amongst three local charities; PERTIWI Soup Kitchen, Yayasan Chow Kit and The Lost Food Project in support of their effort to provide food security for individuals and families facing sudden hardship due to the crisis.
In a statement, Stuart Milne, Chief Executive Officer, HSBC Malaysia said the ‘Matching
Funds’ programme offers their employees a meaningful way to demonstrate their dedication to support the country in its fight against the Covid-19 pandemic.
“It is our hope that this combined donation can help make a significant difference to impacted communities in Malaysia. I am extremely proud of the tremendous effort and generosity demonstrated by our employees in backing this cause,” Milne said.
Additionally, in March 2020, HSBC Malaysia donated RM1 million to MERCY Malaysia to support its Covid-19 Strategic Preparedness and Response Plan through The Association of Banks Malaysia (ABM) and contributed RM137,000 to the Development of Human Resources for Rural Areas (DHRRA) to aid the needy including the Orang Asli community and people with disabilities by providing them with daily necessities including food and medicines.
HSBC also partnered with MyKasih Foundation to provide opportunities for single mothers from the Orang Asli community to earn income by purchasing 1,600 Personal Protective Equipment (PPE) sewn by the group to be donated to the frontliners in Hospital Klang.
As a result of HSBC’s support, MyKasih has also been able to distribute emergency food relief to the rural indigenous communities in Keningau, Kota Belud and Ranau in Sabah; benefitting over 1,700 recipients whose income was impacted by the Movement Control Order.
HSBC Malaysia’s total donation related to Covid-19 to MyKasih reached RM371,000.
It focuses on three challenges: providing immediate medical relief, access to food, and care for the most vulnerable people.