HSBC Bank (Vietnam) Ltd. Sustainability Profile
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.
Let us know if this data was useful to you
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.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2014 | 2015 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 (Vietnam) Ltd.'s Industry?
How Carbon Intensive is HSBC Bank (Vietnam) Ltd.'s Location?
HSBC Bank (Vietnam) Ltd.'s Scope 3 Categories Breakdown
HSBC Bank (Vietnam) Ltd.'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
HSBC Bank (Vietnam) Ltd.'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 (Vietnam) Ltd. 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.
