HSBC Bank plc, a prominent player in the global banking industry, is headquartered in London, Great Britain. Founded in 1865, HSBC has evolved into one of the world's largest banking and financial services organisations, with a strong presence in Asia, Europe, the Americas, the Middle East, and Africa.
The bank offers a diverse range of core products and services, including retail banking, wealth management, commercial banking, and investment banking. HSBC is renowned for its commitment to sustainability and innovation, setting it apart in a competitive market.
With a rich history marked by significant milestones, HSBC has established itself as a leader in international finance, consistently recognised for its robust financial performance and customer-centric approach. Its global reach and comprehensive service offerings make HSBC a trusted partner for individuals and businesses alike.
+19 vs industry average
HSBC Bank plc’s score of 54 is higher than 70% 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 increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
HSBC Bank plc's reported carbon emissions
In 2024, HSBC Bank plc reported total carbon emissions of approximately 1.23 billion kg CO2e. This figure encompasses emissions across all scopes, with Scope 1 emissions at about 15.0 million kg CO2e, Scope 2 emissions at approximately 83.8 million kg CO2e, and Scope 3 emissions contributing significantly, including about 866.9 million kg CO2e from purchased goods and services, 133.9 million kg CO2e from business travel, and 127.2 million kg CO2e from capital goods. HSBC has set ambitious near-term climate commitments, aiming for substantial reductions in both Scope 1 and Scope 2 emissions by 2025, with nearly three-quarters of their initiatives on track to meet these goals. These targets are part of their broader strategy to achieve net-zero emissions, reflecting their commitment to sustainability and climate action. The emissions data is cascaded from HSBC Holdings plc, indicating a corporate family relationship that influences their reporting and climate initiatives. HSBC Bank plc's ongoing efforts align with industry standards and demonstrate a proactive approach to addressing climate change.
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HSBC Bank plc’s Climate Goals (2030 & 2050)
2 goals2025
Almost three-quarters (74%) planned to have reached this goa…
Almost three-quarters (74%) planned to have reached this goal by 2025.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
Inherited from HSBC Holdings plcThe Climate Pledge
UN Global Compact Climate Champions initiative
Inherited from HSBC Holdings plcRE 100
Inherited from HSBC Holdings plcClimate Action 100
Emissions comparison with industry peers
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