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HSBC

Sustainability Report and Carbon Intensity Rankings

Over 1 Billion
Over 10K Employees
Website
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Is HSBC doing their part?

Their DitchCarbon score is 69

HSBC has a DitchCarbon Score of 69, indicating a moderate level of sustainability in their operations. This score reflects the company’s efforts to reduce its carbon intensity compared to industry peers. A higher score would suggest greater progress in minimizing their environmental impact through lower carbon emissions.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

HSBC operates within the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

HSBC is situated in the United Kingdom, which has a very low carbon intensity rating, indicating a cleaner energy grid. This favorable environmental context supports HSBC’s sustainability efforts by reducing the carbon footprint associated with their operations.
18.17%

...this company is doing 18.17% better in emissions than the industry average.

Founded in 1865 and headquartered in London, HSBC operates as a global leader in the finance sector. The company’s extensive network spans 67 countries and territories, offering services in commercial banking, retail banking and wealth management, global banking and markets, and global private banking. HSBC is committed to connecting customers with opportunities, supporting business growth, and contributing to economic prosperity worldwide.
Compare HSBC with other companies in the same industry –>

emission intelligence's platform recommendations for HSBC

HSBC should focus on collaborating with suppliers to implement emissions reduction initiatives, which could potentially lower their emissions by 25% in the purchased goods and services category.
Full recommendation sample, Adobe ->

Bad news, HSBC has not committed to SBTi goals yet

HSBC has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining its goals for reducing greenhouse gas emissions in line with climate science.
Not participating

The Ultimate Guide to Building Sustainability Into Procurement​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

Download PDF

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

Download PDF

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

Learn about our methodology ->

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