HSBC
Banks
HSBC
$ 37 (0.32)%
Share price
$ 148 bn
Market Cap
$ 2,500 bn
Enterprise Value
Carbon footprint
Primary Climate Goal
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 (
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.
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