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HSBC Bank (Vietnam) Ltd.
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.
DitchCarbon Score
How does HSBC Bank (Vietnam) Ltd.'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 (Vietnam) Ltd.'s score of 32 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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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.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
HSBC Bank (Vietnam) Ltd. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
