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Public Profile
Financial Intermediation
US
updated 3 days ago

HSBC Bank USA, National Association Sustainability Profile

Company website

HSBC Bank USA, National Association, a prominent subsidiary of HSBC Holdings plc, is headquartered in the United States, with significant operations across major cities including New York, San Francisco, and Chicago. Established in 1980, the bank has evolved to become a key player in the financial services industry, offering a diverse range of products and services such as personal banking, commercial banking, and wealth management. HSBC Bank USA is renowned for its global reach and expertise in international trade, making it a preferred choice for businesses and individuals engaged in cross-border transactions. The bank's commitment to innovation and customer service has solidified its market position, earning accolades for its sustainable finance initiatives and digital banking solutions. With a focus on meeting the unique needs of its clients, HSBC Bank USA continues to thrive in a competitive landscape.

DitchCarbon Score

How does HSBC Bank USA, National Association'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.

78

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.

29

Industry Benchmark

HSBC Bank USA, National Association's score of 78 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

88%

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HSBC Bank USA, National Association's reported carbon emissions

Inherited from HSBC Holdings plc

HSBC Bank USA, National Association does not currently report specific carbon emissions data for the latest year, as no emissions figures are available. However, the bank is part of a broader corporate family under HSBC Holdings plc, which has established significant climate commitments and reduction initiatives. As a current subsidiary of HSBC Holdings plc, HSBC Bank USA inherits its climate strategies and targets. HSBC Holdings plc has committed to achieving net-zero emissions in its operations and supply chain by 2050, aligning with the Science Based Targets initiative (SBTi). The bank's climate commitments are supported by initiatives such as the Carbon Disclosure Project (CDP) and RE100, which aim to transition to renewable energy sources. While specific reduction targets for HSBC Bank USA are not detailed, the overarching goals set by HSBC Holdings plc reflect a strong commitment to sustainability and climate action. The bank's efforts are part of a larger strategy to mitigate climate change impacts and promote environmental responsibility within the financial sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20042005200620072008200920102014201520162018201920202021202220232024
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 USA, National Association's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. HSBC Bank USA, National Association's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is HSBC Bank USA, National Association's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for HSBC Bank USA, National Association is in US, which has a low grid carbon intensity relative to other regions.

HSBC Bank USA, National Association's Scope 3 Categories Breakdown

HSBC Bank USA, National Association'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

2024
Purchased Goods and Services
77%
Business Travel
12%
Capital Goods
11%

HSBC Bank USA, National Association'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 USA, National Association 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare HSBC Bank USA, National Association's Emissions with Industry Peers

Rbc

CA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

JPMorgan Chase Bank, National Association

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Wells Fargo Bank, National Association

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Morgan Stanley Bank, N.A.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 18 days ago

Goldman Sachs Bank USA

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 17 days ago

BNP Paribas USA, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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