Ditchcarbon
  • Contact
  1. Organizations
  2. HSBC Australia Holdings Pty Limited
Public Profile
Financial Intermediation
AU
updated 3 months ago

HSBC Australia Holdings Pty Limited Sustainability Profile

Company website

HSBC Australia Holdings Pty Limited, a subsidiary of the global banking giant HSBC Group, is headquartered in Sydney, Australia. Established in 1986, the company has grown to become a key player in the Australian financial services sector, offering a wide range of banking and financial products. Operating primarily in major cities such as Melbourne and Brisbane, HSBC Australia focuses on retail banking, wealth management, and commercial banking services. Its unique approach combines local expertise with global resources, providing tailored solutions to meet diverse customer needs. With a strong commitment to sustainability and innovation, HSBC Australia has achieved notable milestones, including recognition for its efforts in green financing. As a trusted financial partner, the company continues to enhance its market position through exceptional service and a comprehensive suite of offerings.

DitchCarbon Score

How does HSBC Australia Holdings Pty Limited'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.

26

Industry Average

Mean score of companies in the Financial Intermediation 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.

32

Industry Benchmark

HSBC Australia Holdings Pty Limited's score of 26 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

47%

Let us know if this data was useful to you

HSBC Australia Holdings Pty Limited's reported carbon emissions

Inherited from HSBC Holdings plc

HSBC Australia Holdings Pty Limited currently does not report specific carbon emissions data, as no emissions figures are available. However, the organisation is part of a broader corporate family that includes HSBC Holdings plc, from which it inherits climate-related initiatives and commitments. As a current subsidiary of HSBC Holdings plc, HSBC Australia aligns with the parent company's climate strategies, including participation in the Carbon Disclosure Project (CDP) and initiatives like RE100, which focuses on transitioning to 100% renewable energy. These commitments are cascaded down from HSBC Holdings plc, reflecting a strong corporate ethos towards sustainability. While specific reduction targets or achievements for HSBC Australia are not detailed, the overarching goals set by HSBC Holdings plc indicate a commitment to reducing carbon emissions across its global operations. This includes efforts to address Scope 1, 2, and 3 emissions, although specific figures for HSBC Australia are not disclosed. In summary, while HSBC Australia Holdings Pty Limited lacks specific emissions data, it is integrated into a robust framework of climate commitments through its parent company, HSBC Holdings plc, which actively engages in various sustainability initiatives.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20042005200620072008200920102011201220132014201520162018201920202021202220232024
Scope 1
-
-
-
-
-
-
-
-
-
-
0,000
0,000
0,000
0,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
-
-
-
-
-
-
-
-
-
-
-
-
-
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
Scope 3
88,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
-
-
-
000,000,000
000,000,000
00,000,000
000,000,000
0,000,000,000
00,000,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

How Carbon Intensive is HSBC Australia Holdings Pty Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. HSBC Australia Holdings Pty Limited's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is HSBC Australia Holdings Pty Limited's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for HSBC Australia Holdings Pty Limited is in AU, which has a very high grid carbon intensity relative to other regions.

HSBC Australia Holdings Pty Limited's Scope 3 Categories Breakdown

HSBC Australia Holdings Pty Limited's Scope 3 emissions, which increased by 1% last year and increased significantly since 2004, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 77% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
77%
Business Travel
12%
Capital Goods
11%

HSBC Australia Holdings Pty Limited's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

HSBC Australia Holdings Pty Limited has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Let us know if this data was useful to you

Usage Policy

You're welcome to quote or reference data from this page, but please include a visible link back to this URL.

Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v251211.1
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
Available onAWS Marketplace logo
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
Use CaseSBTi-aligned baselining & progress trackingSupplier EngagementClimate-informed sourcing strategyEmission ReportingSustainable Finance
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelogWhitepaper
AboutTeamCareersLicense AgreementPrivacy