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HSBC Finance Corporation, a prominent entity within the HSBC Group, is headquartered in the United States and operates extensively across North America. Established in the early 2000s, the company has carved a niche in the financial services industry, focusing on consumer finance, particularly through its AFL-CIO Union Plus MasterCard and Visa portfolio, as well as auto finance receivables. HSBC Finance Corporation offers a range of unique financial products designed to support union members and their families, providing access to credit with competitive terms. The company is recognised for its commitment to responsible lending and customer service, positioning itself as a trusted partner in the financial landscape. With a strong market presence, HSBC Finance Corporation continues to achieve notable milestones, reinforcing its reputation as a leader in union-affiliated financial solutions.
How does HSBC Finance Corp., AFL-CIO Union Plus MasterCard/Visa portfolio and auto finance receivables'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.
Mean score of companies in the 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.
HSBC Finance Corp., AFL-CIO Union Plus MasterCard/Visa portfolio and auto finance receivables's score of 58 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
HSBC Finance Corp., AFL-CIO Union Plus MasterCard/Visa portfolio and auto finance receivables currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. This lack of direct emissions data suggests that the organisation may not have established a comprehensive emissions inventory or reporting framework at this level. However, it is important to note that emissions data and climate commitments are cascaded from its parent company, HSBC Holdings plc, at a cascade level of 4. This means that while specific emissions data for the portfolio is not available, it may align with the broader climate initiatives and targets set by HSBC Holdings plc. HSBC Holdings plc has made significant commitments to reduce its carbon footprint, including participation in the Carbon Disclosure Project (CDP) and initiatives like RE100, which focuses on transitioning to 100% renewable energy. These commitments reflect a strong corporate responsibility towards climate action, although specific reduction targets for the portfolio itself have not been disclosed. In summary, while HSBC Finance Corp., AFL-CIO Union Plus MasterCard/Visa portfolio and auto finance receivables does not provide specific emissions data or reduction targets, it is part of a larger corporate family that is actively engaged in climate commitments through HSBC Holdings plc.
Access structured emissions data, company-specific emission factors, and source documents
2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | - | - | - | - | - | - | - | 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 | 0,000,000,000 | 00,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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 Finance Corp., AFL-CIO Union Plus MasterCard/Visa portfolio and auto finance receivables 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.