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HSBC Bank Canada
HSBC Bank Canada, a subsidiary of the global HSBC Group, is headquartered in Vancouver, British Columbia. Established in 1981, the bank has grown to become a significant player in the Canadian banking industry, with a strong presence in major urban centres across the country. Specialising in personal and commercial banking, wealth management, and global banking services, HSBC Bank Canada offers a diverse range of products tailored to meet the needs of its clients. Notable offerings include innovative digital banking solutions and comprehensive financial services that cater to both individual and corporate customers. With a commitment to sustainability and community engagement, HSBC Bank Canada has achieved recognition for its responsible banking practices, positioning itself as a trusted financial partner in the Canadian market.
DitchCarbon Score
How does HSBC Bank Canada'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 Canada's score of 59 is higher than 78% 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 Canada currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The bank is a current subsidiary of HSBC Holdings plc, and its climate commitments and performance may be influenced by the broader initiatives of its parent company. While there are no documented reduction targets or specific climate pledges from HSBC Bank Canada, it is important to note that emissions data and performance metrics may be cascaded from related organizations. In this case, emissions data and performance information are inherited from the Royal Bank of Canada, which operates at a cascade level of 1. This relationship may provide insights into the bank's overall climate strategy and performance. As part of the financial sector, HSBC Bank Canada is likely to align with industry standards and best practices regarding climate commitments, although specific details on their initiatives or targets are not available at this time. The bank's approach to sustainability and carbon reduction will be essential in addressing the growing concerns around climate change and environmental impact.
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Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 24,821,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 93,961,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 45,629,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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 Canada 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.
