HSBC México S.A., Institución de Banca Múltiple, Grupo Financiero HSBC, is a leading financial institution headquartered in Mexico City, Mexico. Established in 2002, it has rapidly grown to become a key player in the banking sector, offering a comprehensive range of services across retail banking, commercial banking, and wealth management. With a strong presence in major operational regions throughout Mexico, HSBC México is renowned for its innovative financial solutions, including personal loans, credit cards, and investment services. The bank's commitment to customer service and digital banking initiatives sets it apart in a competitive market. As part of the global HSBC Group, it leverages international expertise to provide tailored financial products, reinforcing its position as a trusted partner for individuals and businesses alike. Notable achievements include a robust market share and recognition for excellence in customer satisfaction.
How does HSBC México S.A., Institución de Banca Múltiple, Grupo Financiero HSBC'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 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.
HSBC México S.A., Institución de Banca Múltiple, Grupo Financiero HSBC's score of 75 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
HSBC México S.A., Institución de Banca Múltiple, Grupo Financiero HSBC, currently does not report specific carbon emissions data for the latest year, as indicated by the absence of emissions figures. However, the institution is part of a broader corporate family that includes HSBC Holdings plc, from which it inherits climate commitments and performance data. As a current subsidiary of HSBC Holdings plc, HSBC México aligns with the parent company's sustainability initiatives. The emissions data and reduction targets are cascaded from HSBC Holdings plc, which operates under established frameworks such as the Carbon Disclosure Project (CDP) and the RE100 initiative. These frameworks aim to enhance transparency and accountability in carbon emissions management. While specific reduction targets for HSBC México are not detailed, the overarching commitments from HSBC Holdings plc include ambitious goals to achieve net-zero emissions in their operations and supply chain by 2050. This commitment reflects a significant industry trend towards sustainability and climate resilience. In summary, while HSBC México does not provide specific emissions data or reduction targets, it is integrated into the climate strategies of HSBC Holdings plc, which sets a precedent for responsible banking and environmental stewardship within the financial sector.
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 |
HSBC México S.A., Institución de Banca Múltiple, Grupo Financiero HSBC'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.
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 México S.A., Institución de Banca Múltiple, Grupo Financiero HSBC 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.