Hsbc Software Development (Malaysia) Sdn Bhd Sustainability Profile
Hsbc Software Development (Malaysia) Sdn Bhd, a subsidiary of HSBC Holdings plc, is headquartered in Great Britain and operates primarily in Malaysia. Founded in the early 2000s, the company has established itself as a key player in the financial technology sector, focusing on innovative software solutions for banking and financial services. Specialising in core banking systems, digital banking platforms, and data analytics, Hsbc Software Development stands out for its commitment to security and user experience. The firm has achieved significant milestones, including the successful deployment of cutting-edge applications that enhance operational efficiency for HSBC and its clients. With a strong market position, Hsbc Software Development is recognised for its contributions to the digital transformation of banking, making it a vital component of HSBC's global strategy.
DitchCarbon Score
How does Hsbc Software Development (Malaysia) Sdn Bhd'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 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 Software Development (Malaysia) Sdn Bhd'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.
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Hsbc Software Development (Malaysia) Sdn Bhd currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. However, the company is part of a broader corporate family under HSBC Holdings plc, which has established significant climate commitments and reduction initiatives. As a current subsidiary of HSBC Holdings plc, Hsbc Software Development (Malaysia) Sdn Bhd inherits emissions data and sustainability targets from its parent company. HSBC Holdings plc has been actively engaged in climate action, participating in initiatives such as the Carbon Disclosure Project (CDP) and the RE100, which aims for 100% renewable energy. These initiatives are cascaded down to its subsidiaries, including Hsbc Software Development (Malaysia) Sdn Bhd. While specific reduction targets for Hsbc Software Development (Malaysia) Sdn Bhd are not detailed, the overarching commitments from HSBC Holdings plc reflect a strong dedication to reducing carbon emissions and addressing climate change. The company is expected to align with the sustainability goals set by its parent organization, contributing to a collective effort towards a more sustainable future.
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| 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 Software Development (Malaysia) Sdn Bhd's Industry?
How Carbon Intensive is Hsbc Software Development (Malaysia) Sdn Bhd's Location?
Hsbc Software Development (Malaysia) Sdn Bhd's Scope 3 Categories Breakdown
Hsbc Software Development (Malaysia) Sdn Bhd'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 Software Development (Malaysia) Sdn Bhd'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 Software Development (Malaysia) Sdn Bhd 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.
