HSBC
HSBC Holdings plc, commonly known as HSBC, is a leading global banking and financial services organisation headquartered in Hong Kong. Founded in 1865, HSBC has established a strong presence in key operational regions, including Asia, Europe, North America, and the Middle East. The bank operates primarily in the banking industry, offering a diverse range of services such as retail banking, wealth management, commercial banking, and investment banking. HSBC is renowned for its unique global reach and local expertise, providing tailored financial solutions to millions of customers worldwide. With a commitment to sustainability and innovation, HSBC has achieved notable milestones, including being one of the largest banks in the world by total assets. Its strong market position is underscored by a reputation for reliability and a comprehensive suite of products designed to meet the evolving needs of its clients.
DitchCarbon Score
How does HSBC's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
HSBC's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HSBC's reported carbon emissions
HSBC, headquartered in Hong Kong (HK), currently does not provide specific carbon emissions data for the most recent year, as no emissions figures are available. Consequently, there are no reported Scope 1, 2, or 3 emissions data points to analyse. In terms of climate commitments, HSBC has not outlined any specific reduction targets or initiatives in the provided information. This absence of data suggests that the bank may not have formalised its climate strategy or reduction goals at this time. As a major financial institution, HSBC's approach to climate change is critical, particularly in the context of increasing global emphasis on sustainability and carbon neutrality. The bank's future commitments and actions will be essential in aligning with industry standards and expectations for climate responsibility.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
HSBC is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
