HSBC Holdings PLC

Common Name
HSBC Holdings
Country
United Kingdom
Sector
Financial Services
Industry
Banks - Diversified
Employees
211,940
Ticker
HSBA
Exchange
LONDON STOCK EXCHANGE
Description
HSBC Holdings plc stands as a prominent global banking and financial services company. It primarily functions by offering a comprehensive range of services, including personal banking, commercial bank...

HSBC Holdings Waste Data Preview

In 2023, HSBC Holdings conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2023202220212020 - 2017
Total Waste Generated
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a
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a
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a
0000000
Total Waste Recovered
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a
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a
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a
0000000
Total Hazardous Waste Generated
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0000000
Non-Hazardous Waste Disposed
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0000000
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Verified Sources Behind HSBC Holdings’s Waste Management Data

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a. HSBC Holdings's ESG Data Spreadsheet 2023
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Insights into HSBC Holdings's Waste Treatment Practices

In 2023, HSBC Holdings generated a total of 12,000 metric tonnes of waste. a

Of this amount, 58.33% of HSBC Holdings's total waste generated was recovered through methods such as recycling, reuse, or composting, while 41.67% was disposed of through landfilling, incineration, or combustion. a

HSBC Holdings's Waste Recovery Rate

58%

How much of HSBC Holdings's waste is recycled or recovered?

In 2023, HSBC Holdings reported a total waste generation of 12,000 metric tonnes, of which 58.33% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that HSBC Holdings is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts. a

Has HSBC Holdings reduced its environmental waste footprint over time?

Since 2021, HSBC Holdings's total waste generation decreased by 7.69%, including a further 7.69% drop in 2023, highlighting a consistent and deliberate reduction in waste production over time. a

Over the same period, HSBC Holdings's waste recovery rate declined by 5.21%, with a further 5.21% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies. a

Overall, while HSBC Holdings has successfully reduced its total waste generation, its waste recovery efforts have also declined. This pattern could suggest a shift in strategy away from circular treatment methods or a lag in recovery infrastructure development.

HSBC Holdings’s Waste Recovery vs. Disposal Over Time

20212022202303.5 k7 k10.5 k14 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered
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