HSBC Bank (Chile) Sustainability Profile
HSBC Bank (Chile), a subsidiary of the global HSBC Group, is headquartered in Santiago, Chile. Established in 1946, the bank has grown to become a key player in the Chilean financial sector, offering a wide range of services including retail banking, commercial banking, and wealth management. With a strong focus on innovation and customer service, HSBC Bank (Chile) provides unique financial solutions tailored to meet the diverse needs of individuals and businesses. The bank is renowned for its robust digital banking platform, which enhances customer experience and accessibility. As a prominent institution in the industry, HSBC Bank (Chile) has achieved significant milestones, positioning itself as a trusted partner for both local and international clients. Its commitment to sustainability and community development further solidifies its reputation in the market.
DitchCarbon Score
How does HSBC Bank (Chile)'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 (Chile)'s score of 75 is higher than 87% 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 (Chile) 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 under HSBC Holdings plc, which has established significant climate commitments and initiatives. As a current subsidiary of HSBC Holdings plc, HSBC Bank (Chile) inherits its climate strategies and targets. HSBC Holdings plc has committed to achieving net-zero emissions in its operations and supply chain by 2050, with interim targets set for 2030. The bank aligns with the Science Based Targets initiative (SBTi) and participates in the Carbon Disclosure Project (CDP), which are frameworks that guide its climate action and transparency. While specific reduction targets for HSBC Bank (Chile) are not detailed, the overarching goals from HSBC Holdings plc include substantial reductions in Scope 1, 2, and 3 emissions, reflecting a comprehensive approach to climate impact. The bank's commitment to sustainability is further reinforced through initiatives like RE100, which aims for 100% renewable energy usage. In summary, while HSBC Bank (Chile) does not report specific emissions data, it is actively engaged in climate commitments and initiatives cascaded from HSBC Holdings plc, focusing on significant reductions and sustainable practices in line with global climate goals.
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| 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 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 |
How Carbon Intensive is HSBC Bank (Chile)'s Industry?
How Carbon Intensive is HSBC Bank (Chile)'s Location?
HSBC Bank (Chile)'s Scope 3 Categories Breakdown
HSBC Bank (Chile)'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
HSBC Bank (Chile)'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 (Chile) 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.
