In 2023, HSBC Holdings disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
HSBC Holdings disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, HSBC Holdings also reported the types of energy sources as well as generation technologies, helping stakeholders evaluate HSBC Holdings's reliance on fossil fuels versus cleaner alternatives.
Metric (GJ) | 2023 | 2022 | 2021 | 2020 - 2017 |
---|---|---|---|---|
Total Energy Consumed | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Renewable Energy Consumed | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Non-renewable Energy Consumed | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Electricity Consumed | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, HSBC Holdings consumed a total of 2.78 million Gigajoules of energy across its operations. Of this total, 52.68% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 47.32% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. a
In 2023, HSBC Holdings consumed a total of 2.78 million Gigajoules of energy, of which 52.68% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a
This moderate level of renewable energy adoption indicates that HSBC Holdings is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.
Since 2021, HSBC Holdings's total energy consumption decreased by 7.22%, including a further 3.08% drop in 2023, highlighting a continued decline in energy use. a
Over the same period, the share of renewable energy in HSBC Holdings's consumption increased by 60.41%, including a 22.09% increase in 2023, showing consistent progress in clean energy adoption. a
Overall, HSBC Holdings has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.
In 2023, HSBC Holdings disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the HSBC Holdings's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies. a
In 2023, HSBC Holdings's total energy consumption was primarily sourced from a
In 2023, HSBC Holdings consumed energy from 4 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 90.25% of total consumption. a