HSBC

Banks

HSBC

$ 37 (0.32)%

Share price

$ 148 bn

Market Cap

$ 2,500 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Stronger than the -6.9% weighted average for S&P 500

FY2021

HSBC aims to achieve net zero for all Scopes by 2030

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

HSBC reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 329 Kt (-34 /-9.4% y-o-y). Also positively, carbon intensity declined to 6.6 t (-0.6 /-8.3% y-o-y).

HSBC's Scope 3 emissions was down at 1,997 Kt (-96 /-4.6% y-o-y). The decline accelerated compared to the CAGR of -2.3% since 4Q'18.

The company is committed to achieving net zero for all Scopes by 2030, which translates into the estimated reduction of -236 Kt per annum over the period of FY2021 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	329	22	307		49,552	6.6
2020Q4	363	20	343	1,997	50,429	7.2
2019Q4	414	22	392	2,093	56,098	7.4
2018Q4	437			2,139	53,780	8.1
2017Q4	473			1,880	51,445	9.2
2016Q4	529				47,966	11
2015Q4	662				59,800	11

HSBC

Carbon footprint

Primary Climate Goal

HSBC aims to achieve net zero for all Scopes by 2030

GHG emissions and Carbon intensity

HSBC's carbon footprint

Company environmental metrics