HSBC Bank Oman S.A.O.G. Sustainability Profile
HSBC Bank Oman S.A.O.G., a prominent player in the banking sector, is headquartered in Muscat, Oman. Established in 1948, the bank has a rich history of providing comprehensive financial services across the Sultanate, with a strong presence in both retail and corporate banking. As a member of the global HSBC Group, HSBC Bank Oman offers a diverse range of products, including personal banking, wealth management, and commercial banking solutions. Its commitment to innovation and customer service sets it apart in the competitive landscape. With a focus on sustainability and community development, HSBC Bank Oman has achieved significant milestones, reinforcing its position as a trusted financial partner in the region. The bank continues to play a vital role in supporting Oman’s economic growth and development.
DitchCarbon Score
How does HSBC Bank Oman S.A.O.G.'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 Oman S.A.O.G.'s score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
HSBC Bank Oman S.A.O.G.'s reported carbon emissions
HSBC Bank Oman S.A.O.G. currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The bank's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges available. However, it is important to note that emissions data may be cascaded from related entities. In this case, HSBC Bank Oman S.A.O.G. inherits data from Sohar International Bank SAOG, which is part of a merged entity relationship. This means that any relevant emissions data or climate initiatives may be derived from the performance and commitments of Sohar International Bank SAOG. As of now, HSBC Bank Oman S.A.O.G. has not established specific science-based targets or significant reduction initiatives that are publicly documented. The bank's commitment to addressing climate change and reducing carbon emissions remains unclear without further data.
How Carbon Intensive is HSBC Bank Oman S.A.O.G.'s Industry?
How Carbon Intensive is HSBC Bank Oman S.A.O.G.'s Location?
HSBC Bank Oman S.A.O.G.'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 Oman S.A.O.G. 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.
