HSBC Bank Egypt SAE, a prominent subsidiary of the global HSBC Group, is headquartered in Cairo, Egypt. Established in 1982, the bank has significantly contributed to the financial landscape of the region, offering a wide range of banking and financial services. With a strong presence in major cities across Egypt, HSBC Bank Egypt focuses on retail banking, corporate banking, and wealth management.
The bank is renowned for its innovative products, including personal loans, credit cards, and investment services, tailored to meet the diverse needs of its customers. HSBC Bank Egypt has achieved notable milestones, such as being a leader in digital banking solutions, enhancing customer experience through technology. With a solid market position, it continues to play a vital role in supporting economic growth and development in Egypt.
+38 vs industry average
HSBC Bank Egypt SAE’s score of 75 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Reported emissions
No reported emissions data is available for HSBC Bank Egypt SAE yet.
HSBC Bank Egypt SAE's reported carbon emissions
HSBC Bank Egypt SAE currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The bank is a current subsidiary of HSBC Holdings plc, which cascades its climate commitments and performance data down to its subsidiaries.
While HSBC Bank Egypt SAE does not have its own documented reduction targets or specific climate pledges, it aligns with the broader sustainability initiatives of HSBC Holdings plc. This includes participation in the Carbon Disclosure Project (CDP) and commitments to the RE100 initiative, both of which are aimed at enhancing transparency and promoting renewable energy usage across the organisation.
As a part of the HSBC corporate family, HSBC Bank Egypt SAE is expected to adhere to the climate strategies and targets set by its parent company, which may include significant emissions reduction goals and sustainability practices. However, specific details regarding these targets and their implementation at the subsidiary level remain unspecified.
In summary, while HSBC Bank Egypt SAE does not provide its own emissions data or reduction targets, it is integrated into the climate commitments of HSBC Holdings plc, reflecting a commitment to sustainability and responsible banking practices.
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HSBC Bank Egypt SAE’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for HSBC Bank Egypt SAE yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
Inherited from HSBC Holdings plc
The Climate Pledge
UN Global Compact Climate Champions initiative
Inherited from HSBC Holdings plc
RE 100
Inherited from HSBC Holdings plc
Climate Action 100
Emissions comparison with industry peers
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HSBC Bank Egypt SAE
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