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HSBC-Brandix to help improve village livelihood in Kilinochchi

Udena Wickremesooriya, Director Brandix Lanka Limited, sealing the partnership with Nick Nicolaou, CEO for HSBC Sri Lanka and Maldives

HSBC and Brandix have launched a programme to help improve the livelihoods of two villages in Killinochchi by providing its residents with access to water, infrastructure and education. The launch coincides with the United Nations 'World Water Day' to raise awareness on the issues of water scarcity.

Water has become a priority focus of HSBC's Corporate Sustainability agenda. In 2012, HSBC committed to a five year partnership with WWW, Water Aid and Earthwatch to address the growing water issues in the world. The USD 100 million programme will see many projects and research carried out around the world to tackle water risks in river basins; bring safe water and improved sanitation to over a million people; and raise awareness about the global water challenge.

The joint project with Brandix will be conducted in two stages, in April and August 2013. In the first phase a series of wells will be built to provide access to water year round for the villagers for agricultural, household and environment needs of the two communities. The second phase will see the development of livelihood programmes, empowerment, education and the provision of infrastructure facilities.

The project is an ideal example of how partnerships can influence change through co-operation. This was further demonstrated through a joint humanitarian project carried out by HSBC and Brandix in 2012, to assist more than 600 families in ten villages in Vavuniya and Anamaduwa faced with severe drought conditions.

"Brandix has acquired a wealth of experience in identifying the water-related needs of communities and working with local authorities and corporate partners to provide the most effective solutions," said Anusha Alles, the Group's Head of CSR. "Water is the central theme of all our community projects, and we are delighted to work with HSBC to help these two villages in Kilinochchi with water supply infrastructure that will greatly relieve the burden on the community."

Now in its 21st year the objective of World Water Day is to raise awareness of the challenges faced, in increasing demand for water. The UN has declared 2013 the International Year of Water Co-operation and HSBC's Water programme is a great example of such co-operation.

Nick Nicolaou, CEO for HSBC Sri Lanka and Maldives, stated, "HSBC places great importance on the preservation and sustenance of water that is an essential natural resource for daily survival. Each year, we use about 50 percent more resources than the planet can replace naturally. The HSBC Group is working through co-operations to tackle water related issues which will help benefit over 100 million people globally. In Sri Lanka we are committed to working with corporates who share a common goal in our efforts and as such, are happy to once again partner with Brandix. We hope our endeavour will help these communities gain access to safe water consumption and provide them with sustainable livelihood development for the future."



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