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HSBC Bank Middle East Limited
HSBC Bank Middle East Limited, a prominent subsidiary of HSBC Holdings plc, is headquartered in the United Arab Emirates (AE) and serves as a key player in the banking and financial services industry across the Middle East. Established in 1943, the bank has evolved significantly, marking milestones such as its expansion into various regional markets and the introduction of innovative financial solutions. With a diverse portfolio that includes retail banking, wealth management, and commercial banking, HSBC Bank Middle East distinguishes itself through its commitment to customer service and tailored financial products. The bank's strong market position is underscored by its extensive network and a reputation for reliability, making it a preferred choice for individuals and businesses alike in the region.
DitchCarbon Score
How does HSBC Bank Middle East 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 Middle East Limited'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 Middle East Limited, headquartered in the United Arab Emirates (AE), 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 influences its climate commitments and initiatives. While HSBC Bank Middle East Limited does not have its own documented reduction targets, it aligns with broader sustainability efforts initiated by its parent company, HSBC Holdings plc. This includes participation in the Carbon Disclosure Project (CDP) and commitments under the RE100 initiative, both of which are cascaded from HSBC Holdings plc at a corporate family level. HSBC Holdings plc has set ambitious climate targets, which may indirectly impact the operations of HSBC Bank Middle East Limited. The bank is expected to adhere to these overarching commitments, focusing on reducing its carbon footprint and enhancing sustainability practices in line with industry standards. In summary, while specific emissions data for HSBC Bank Middle East Limited is not available, the bank is part of a larger corporate strategy aimed at addressing climate change and reducing carbon emissions through initiatives led by HSBC Holdings plc.
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| 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | 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 | 0,000,000,000 | 00,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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 Middle East 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.
