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.
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.
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.
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.
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.
Access structured emissions data, company-specific emission factors, and source documents
| 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
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.
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.
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