HSBC Holdings plc

Greenhouse gas emissions & sustainability report data

πŸ“Š Latest report period: 2023πŸ—‚οΈ Report periods on file: 2023, 2022, 2021, 2020, 2016, 2015, 2014, 2012

In its 2023 reporting, HSBC Holdings plc disclosed greenhouse gas emissions of 293.3K tCO2e/year (2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

πŸ’¨
GHG Emissions
293.3K tCO2e/year (2023)
2023
⚑
Renewable Energy
58.4% (2023)
of total energy

πŸ“ˆ Emissions by Report Period

Report periodHeadline emissions figure reported
2023293.3K tCO2e/year (2023)
2021341.0K tCO2e (2021)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

βœ… Reported Environmental Achievements

🎯 Climate & Sustainability Targets

πŸ”œ Short-term

  • Achieve 35% senior leadership roles held by women by 2025
  • Achieve 3.4% representation of Black heritage colleagues in senior leadership roles across the UK and US combined by 2025

πŸ“… Medium-term

  • Mid-teens RoTE for 2024
  • Maintain CET1 ratio within 14% to 14.5% range

πŸ”­ Long-term

  • Net zero in own operations and supply chain by 2030
  • Align financed emissions to achieve net zero by 2050

🌱 ESG Focus Areas

Transition to net zeroBuilding inclusion and resilienceActing responsibly

⚠️ Challenges & Risks +

  • Continued economic uncertainty, rising interest rates and inflationary pressures
  • Geopolitical tensions (Russia-Ukraine and Israel-Hamas wars)
  • Distressed commercial real estate conditions in mainland China
  • Complex and evolving sanctions and trade restrictions

πŸ“‹ Report Information

Reporting Period: 2023
Frameworks: TCFD, SASB, GRI, UNGPs, OECD Guidelines
Assurance: PwC (limited assurance)