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Public Profile
Financial Intermediation
US
updated 20 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.

32

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 currently does not have specific emissions data available for the most recent year. As a current subsidiary of HSBC Holdings plc, it inherits its climate commitments and initiatives from its parent company. HSBC Holdings plc has made significant strides in addressing climate change, including participation in the Carbon Disclosure Project (CDP) and commitments to renewable energy through the RE100 initiative. However, specific reduction targets or achievements for HSBC Bank USA are not detailed in the available data. As part of its broader corporate family, HSBC Bank USA aligns with the climate strategies set forth by HSBC Holdings plc, which includes a commitment to reducing carbon emissions and enhancing sustainability practices across its operations. The absence of specific emissions data highlights the need for ongoing transparency and accountability in climate reporting within the banking sector.

Unlock detailed emissions data

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

20042005200620072008200920102011201220132014201520162018201920202021202220232024
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, 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 established climate goals through participation in recognized frameworks and target-setting initiatives. 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

Deutsche Bank

DE
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 8 hours ago

Santander Bank, National Association

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 8 days ago

Barclays Bank PLC

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

PNC Bank, National Association

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

Wells Fargo Bank, National Association

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago

BNP Paribas USA, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 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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