HSBC Holdings PLC
HSBC Holdings's GHG Emissions Data Preview
In 2025, HSBC Holdings completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
HSBC Holdings has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
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Verified Sources Behind HSBC Holdings’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore HSBC Holdings’s data sources below and access millions more through our Disclosure Search.
Insights into HSBC Holdings's Operational Emissions
In 2025, the total operational greenhouse gas (GHG) emissions of HSBC Holdings amounted to 275,827 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2024, the total operational greenhouse gas (GHG) emissions of HSBC Holdings decreased by 7.32%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
HSBC Holdings's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are HSBC Holdings's Scope 1 emissions?
In 2025, the total Scope 1 emissions of HSBC Holdings were 16,698 metric tons of CO₂ equivalent (tCO₂e).a
Has HSBC Holdings reduced its Scope 1 emissions over time?
Since 2019, HSBC Holdings's Scope 1 emissions have decreased by 24.33%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2024), HSBC Holdings's Scope 1 emissions increased by 11.13%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are HSBC Holdings's Scope 2 emissions?
In 2025, HSBC Holdings reported Scope 2 greenhouse gas (GHG) emissions of 19,919 tCO₂e using the market-based method and 259,129 tCO₂e using the location-based method.a
Has HSBC Holdings reduced its Scope 2 emissions over time?
Compared to the previous year (2024), HSBC Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that HSBC Holdings's emissions have plateaued with no significant change in its energy consumption footprint.ab
What methodology does HSBC Holdings use for Scope 2 reporting?
In 2025, HSBC Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.a
HSBC Holdings's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into HSBC Holdings's Value Chain Emissions
In 2025, HSBC Holdings reported 1,040,300 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2025 disclosure of HSBC Holdings includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
HSBC Holdings's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are HSBC Holdings's Scope 3 emissions?
In 2025, HSBC Holdings reported total Scope 3 emissions of 1,040,300 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has HSBC Holdings reduced its Scope 3 emissions over time?
Since 2019, HSBC Holdings's Scope 3 emissions have decreased by 23.32%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2024), HSBC Holdings's Scope 3 emissions remained relatively stable, indicating that HSBC Holdings's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does HSBC Holdings disclose?
In 2025, HSBC Holdings reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of HSBC Holdings's Scope 3 emissions?
In 2025, the largest contributors to HSBC Holdings's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 807,293 tCO₂e (77.6%)
- Capital Goods (Cat. 2): 165,988 tCO₂e (15.96%)
- Business Travel (Cat. 6): 67,019 tCO₂e (6.44%)
HSBC Holdings's Scope 3 Emissions by Categories
Insights into HSBC Holdings’s GHG Emissions Intensity Compared to Industry Peers
In 2025, HSBC Holdings reported Scope 1 greenhouse gas (GHG) emissions of 16,698 tCO₂e and total revenues of USD 66,236 millions. This translates into an emissions intensity of 0.25 tCO₂e per millions USD.a
HSBC Holdings's Scope 1 Emissions Intensity Compared to Peers
How does HSBC Holdings's GHG emissions intensity compare to its peers?
In 2025, HSBC Holdings reported a Scope 1 emissions intensity of 0.25 tCO₂e per millions USD. Compared to the peer group median of 0.15, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does HSBC Holdings rank on GHG emissions intensity within its industry?
In 2025, HSBC Holdings ranked 11 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
HSBC Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into HSBC Holdings's Total Carbon Footprint
In 2025, HSBC Holdings reported a total carbon footprint of 1,316,127 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.67% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to HSBC Holdings's total carbon footprint was Scope 3 emissions, accounting for 79.04% of the company's total carbon footprint, followed by Scope 2 emissions at 19.69%.a