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OrganisationsHSBC Korea Ltd.
HSBC Korea Ltd. logo

HSBC Korea Ltd.

Funds, trusts, and financial vehiclesSouth Korea
Last verified 10 months agohsbc.co.kr

HSBC Korea Ltd., a subsidiary of the global banking giant HSBC Holdings plc, is headquartered in Seoul, South Korea. Established in 1897, the bank has a rich history and has evolved to become a key player in the financial services industry, offering a wide range of products and services tailored to both individual and corporate clients.

Operating primarily in the retail banking, commercial banking, and wealth management sectors, HSBC Korea is known for its innovative financial solutions and commitment to customer service. The bank's unique offerings include personalised banking services and comprehensive investment products, designed to meet the diverse needs of its clientele.

With a strong market position, HSBC Korea has achieved notable milestones, including recognition for its digital banking initiatives and sustainable finance efforts. As a trusted financial partner, HSBC Korea continues to play a significant role in the region's economic landscape.

68
DitchCarbon score

+45 vs industry average

HSBC Korea Ltd.’s score of 68 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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Industry Intensity

Medium

Funds, trusts, and financial vehicles has typical carbon intensity

Industry performance

0.180
20192025

The Funds, trusts, and financial vehicles industry has reduced its overall emissions by 1% since 2019

Reported emissions

No reported emissions data is available for HSBC Korea Ltd. yet.

HSBC Korea Ltd.'s reported carbon emissions

HSBC Korea Ltd. currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. However, the company is part of a broader corporate family that includes HSBC Holdings plc, which provides relevant climate initiatives and commitments.

As a current subsidiary of HSBC Holdings plc, HSBC Korea Ltd. inherits its climate commitments and reduction targets. HSBC Holdings plc has made significant strides in addressing climate change, including participation in the Carbon Disclosure Project (CDP) and commitments under the RE100 initiative, which aims for 100% renewable energy usage. These initiatives are cascaded to HSBC Korea Ltd. at a level 1 relationship, indicating that the subsidiary aligns with the parent company's sustainability goals.

While specific reduction targets for HSBC Korea Ltd. are not detailed, the overarching commitments from HSBC Holdings plc reflect a strong dedication to reducing carbon emissions and enhancing sustainability practices across its global operations.

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HSBC Korea Ltd.’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for HSBC Korea 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 Korea 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
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Ditchcarbonv260709.1
[email protected]+44 203 475 7875

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