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HSBC Bank Australia Limited
HSBC Bank Australia Limited, a subsidiary of the global HSBC Group, is headquartered in Sydney, Australia. Established in 1965, the bank has grown to become a significant player in the Australian financial services industry, offering a wide range of products and services tailored to both personal and commercial clients. With a strong focus on retail banking, wealth management, and commercial banking, HSBC Australia is known for its innovative solutions, including competitive home loans and comprehensive investment services. The bank's commitment to sustainability and digital transformation sets it apart in a rapidly evolving market. As a key player in the Australian banking sector, HSBC Bank Australia Limited has achieved notable milestones, including recognition for its customer service excellence and a robust presence in major operational regions across the country.
DitchCarbon Score
How does HSBC Bank Australia 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.
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 Australia 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.
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HSBC Bank Australia Limited currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. However, the bank is part of a broader corporate family that includes HSBC Holdings plc, which provides relevant climate initiatives and commitments. As a current subsidiary of HSBC Holdings plc, HSBC Bank Australia Limited inherits its climate commitments and reduction targets. HSBC Holdings plc has made significant pledges towards sustainability, including participation in the Carbon Disclosure Project (CDP) and the RE100 initiative, which aims for 100% renewable energy. These initiatives are cascaded down to HSBC Bank Australia Limited, reflecting the bank's commitment to addressing climate change. While specific reduction targets for HSBC Bank Australia Limited are not detailed, the overarching goals from HSBC Holdings plc indicate a strong focus on reducing carbon emissions across its operations. The bank's climate strategy aligns with industry standards, emphasising transparency and accountability in its environmental impact. In summary, while HSBC Bank Australia Limited does not report specific emissions data, it is committed to sustainability through its affiliation with HSBC Holdings plc, which drives its climate initiatives and reduction strategies.
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 Bank Australia Limited 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.
