HSBC Bank Argentina S.A. Sustainability Profile
HSBC Bank Argentina S.A., a prominent subsidiary of the global HSBC Group, is headquartered in Buenos Aires, Argentina. Established in 1997, the bank has since become a key player in the Argentine financial sector, offering a wide range of services across retail banking, commercial banking, and wealth management. With a strong focus on innovation and customer service, HSBC Argentina provides unique products such as tailored financial solutions and investment services designed to meet the diverse needs of its clients. The bank's commitment to sustainability and responsible banking practices further enhances its market position. Recognised for its robust operational framework, HSBC Bank Argentina continues to achieve significant milestones, solidifying its reputation as a trusted financial partner in the region.
DitchCarbon Score
How does HSBC Bank Argentina S.A.'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 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.
Industry Benchmark
HSBC Bank Argentina S.A.'s score of 38 is higher than 59% 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 Bank Argentina S.A. currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The bank is a current subsidiary of HSBC and inherits its climate commitments and emissions data from its corporate family. Notably, emissions data may be cascaded from Banco de Galicia y Buenos Aires S.A.U. at a level 1 relationship, and performance metrics may be sourced from Grupo Financiero Galicia S.A. at a level 2 relationship. Despite the lack of specific emissions figures, HSBC Bank Argentina S.A. is part of a broader commitment to sustainability and climate action within the financial sector. The bank has not publicly disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. As a subsidiary, HSBC Bank Argentina S.A. aligns with the climate strategies of its parent organisation, which may include commitments to reduce carbon emissions and enhance sustainability practices. However, without specific data or targets, the bank's individual climate impact remains unclear.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 974,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 0,000.00 |
| Scope 3 | 4,061,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is HSBC Bank Argentina S.A.'s Industry?
How Carbon Intensive is HSBC Bank Argentina S.A.'s Location?
HSBC Bank Argentina S.A.'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 Bank Argentina S.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
