- 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
HSBC Holdings plc
Carbon Emissions & Sustainability Report
CO₂ Emissions
293.3K tCO2e/year (2023)
2023
Renewable Energy
58.4% (2023)
of total energy
Reduction
69.5%
since 2012
📈 Historical Emissions
2023
293.3K tCO2e/year (2023)
2022
Not available
2021
341.0K tCO2e (2021)
2020
Not available
2016
Not available
2015
Not available
✅ Key Environmental Achievements
- 57.3% reduction in absolute greenhouse gas emissions from a 2019 baseline
- $294.4bn of sustainable finance and investment provided and facilitated since January 2020
🎯 Future Goals
🔜 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
📅 Medium-term
- Mid-teens RoTE for 2024
- Maintain CET1 ratio within 14% to 14.5% range
🔭 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