HSBC Malta and The HSBC Malta Foundation have won the Corporate Award for Environmental Innovation and Sustainability in the Private Sector at the 2026 Environment and Resources Authority (ERA) Awards, recognising the Bank’s work on Maximising Energy Efficiency Through Sustainable Building Renovation at the HSBC Hub in Qormi.
The project is a €30 million sustainable retrofit transforming an existing office complex into one of Malta’s most energy-efficient corporate buildings. It integrates high-efficiency building systems, smart monitoring and automation, renewable energy generation, water-saving measures and circular construction principles, while also sharing insights to support wider progress across Malta’s built environment.
Glenn Bugeja, Head of Corporate Sustainability, said: “This award is a proud moment for HSBC Malta and the HSBC Malta Foundation. It recognises the practical work behind our Qormi Hub renovation; reducing energy use, improving how the building performs day-to-day and helping to raise the bar for sustainable commercial buildings in Malta. We’re grateful to everyone who contributed and we’ll keep pushing forward with the same focus and pace.”
Perit Vincent Cassar, Chairman, Environment and Resources Authority, said: “On behalf of the Environment and Resources Authority, I extend my heartfelt congratulations on this well-deserved recognition and my appreciation for your pioneering work in advancing environmental sustainability in Malta’s private sector.”
The Bank’s submission highlights the project’s expected long-term benefits, including an estimated 45% reduction in energy consumption, approximately 400 tonnes of CO₂ avoided annually and a reduction in potable water consumption by approximately 25%.
This recognition marks the second award received by HSBC Malta and the HSBC Malta Foundation in connection with this work. This project previously received the ESG Positive Impact Award as part of the first edition of the Sustainable Development Action Awards, in relation to the case study “Maximising Energy Efficiency Through Building Renovation”. HSBC Malta has been working on environmental projects for the last 26 years.
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