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HSBC Bank (Vietnam) Ltd., a subsidiary of the global banking giant HSBC Holdings plc, is headquartered in Ho Chi Minh City, Vietnam. Established in 1875, HSBC has a rich history and has significantly contributed to the development of Vietnam's banking sector. The bank operates primarily in major urban centres, including Hanoi and Da Nang, offering a comprehensive range of financial services.
As a key player in the banking industry, HSBC Vietnam focuses on retail banking, wealth management, and corporate banking. Its unique approach combines global expertise with local insights, providing tailored solutions to meet diverse customer needs. Notably, HSBC Vietnam has received numerous accolades for its innovative products and commitment to sustainability, solidifying its position as a trusted financial partner in the region.
43
DitchCarbon score
+6 vs industry average
HSBC Bank (Vietnam) Ltd.’s score of 43 is higher than 56% 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
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Reported emissions
No reported emissions data is available for HSBC Bank (Vietnam) Ltd. yet.
HSBC Bank (Vietnam) Ltd.'s reported carbon emissions
HSBC Bank (Vietnam) Ltd. currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. However, the bank is part of a broader corporate family that includes HSBC Holdings plc, which influences its climate commitments and initiatives.
As a current subsidiary of HSBC Holdings plc, HSBC Bank (Vietnam) Ltd. inherits climate-related initiatives and targets from its parent company. This includes participation in the Carbon Disclosure Project (CDP) and commitments to the RE100 initiative, both of which are cascaded from HSBC Holdings plc at a third level. These initiatives aim to enhance transparency in carbon emissions and promote the use of renewable energy.
While specific reduction targets for HSBC Bank (Vietnam) Ltd. are not detailed, the overarching goals set by HSBC Holdings plc reflect a commitment to sustainability and reducing carbon footprints across its global operations. The bank's climate strategy aligns with industry standards, focusing on responsible banking practices and environmental stewardship.
In summary, while HSBC Bank (Vietnam) Ltd. does not provide specific emissions data or reduction targets, it is supported by the climate commitments and initiatives of its parent company, HSBC Holdings plc, which are designed to drive significant progress in carbon reduction and sustainability efforts.
Assessing HSBC Bank (Vietnam) Ltd. as a supplier or portfolio company?
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HSBC Bank (Vietnam) Ltd.’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for HSBC Bank (Vietnam) Ltd. yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
Inherited from HSBC Holdings plcSign in to view
Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
Inherited from HSBC Holdings plcSee details
Not active
RE 100
Inherited from HSBC Holdings plcSee details
Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsNo peer comparison is available for HSBC Bank (Vietnam) Ltd. yet.
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