| Company Name | HSBC holdings plc |
|---|---|
| No. of Employees | 321,711 (2007) |
| Revenue | US$ 79 billion (2007) |
| Sector | Finance |
| Country (HQ) | UK |
| Scope 2 Emissions | 897,000 (2007) |
| Notes on Emissions | |
Most emissions were from energy use (718,000), followed by business travel (179,000). | |
| Emission Changes | |
| Up 10% on 2006 | |
| Notes on Emission Changes | |
Most growth in total emissions (up from 813,000 in 2006), came from emissions generated by energy use (total and per person) and, geographically, in total emissions in the Asia Pacific region. Total emissions per person were up 1.8%, but in North America fell by 14%.
Significant reductions over 2006 levels were achieved in emissions per person from business travel, and geographically, in total emissions in North America.
| |
| Verification of Emissions | Yes |
| Verifier | Det Norsk Veritas (DNV) |
| Climate Change Strategy | |
• Carbon neutral since 2005 (the first major bank and first FTSE 100 company to achieve this). HSBC’s carbon neutral strategy prioritises reduced emissions (reduced energy consumption, sourcing renewable energy where possible, and - finally - offsetting remaining emissions through high quality verified emissions reductions.
HSBC addresses climate change as strategic issue that poses threats and opportunities to its business:
| |
| Targets | |
• Reduce CO{2} emissions per employee (full-time equivalent) by 6% from 2008 to 2011.
| |
