HSBC Continental Europe, S.A.
HSBC Continental Europe, S.A., a key subsidiary of the global banking giant HSBC Holdings plc, is headquartered in France and operates extensively across the European market. Founded in 2002, the bank has established itself as a prominent player in the financial services industry, focusing on retail banking, wealth management, and commercial banking. With a commitment to innovation, HSBC Continental Europe offers a range of core products and services, including personal and business accounts, loans, and investment solutions tailored to meet diverse client needs. The bank's unique approach combines local expertise with global resources, positioning it as a trusted partner for individuals and businesses alike. Recognised for its strong market presence, HSBC Continental Europe continues to achieve significant milestones, reinforcing its reputation as a leader in the European banking sector.
DitchCarbon Score
How does HSBC Continental Europe, S.A.'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 Continental Europe, S.A.'s score of 38 is higher than 88% 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 Continental Europe, S.A.'s reported carbon emissions
In 2019, HSBC Continental Europe, S.A. reported significant financed emissions intensities across various sectors, although specific total emissions data was not disclosed. The bank's financed emissions intensity for cement was approximately 0.46 tonnes CO2e per tonne, for steel it was about 1.05 tonnes CO2e per tonne, and for electricity, it reached approximately 138 tonnes CO2e per gigawatt hour. Additionally, the emissions intensity for vehicles was about 66 tonnes CO2e per vehicle kilometre, while for passenger travel, it was approximately 0.063 tonnes CO2e per revenue passenger kilometre. Despite the absence of specific reduction targets or commitments, HSBC is actively engaged in monitoring and reporting its financed emissions. The bank's focus on transparency in emissions reporting aligns with industry standards, although no specific climate pledges or reduction initiatives have been outlined. As HSBC continues to assess its impact, it remains committed to understanding and managing its carbon footprint within the financial sector.
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 Continental Europe, S.A. 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.
