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OrganisationsHSBC Bank (Vietnam) Ltd.
HSBC Bank (Vietnam) Ltd. logo

HSBC Bank (Vietnam) Ltd.

Financial IntermediationVietnam
Last verified 1 year agohsbc.com.vn

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.

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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

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

Inherited from HSBC Holdings plc
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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

Inherited from HSBC Holdings plc
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Not active
RE 100

RE 100

Inherited from HSBC Holdings plc
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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

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No peer comparison is available for HSBC Bank (Vietnam) Ltd. yet.

Usage policy

You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

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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Ditchcarbonv260716.3
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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