HSBC ESG Presentation Deck
Operational Sustainability-Reducing environmental and carbon impacts
Goals set in 2012 with 2020 targets¹
Reduce CO₂ emissions to 2.0
tonnes per FTE
Reduce energy consumption
by 1.2 MWh per FTE
(-20% from baseline)
Source 40% of energy from
renewable PPAs²
Reduce office waste by 75%
from baseline; recycle 100%
Reduce paper usage by 66%
from baseline and buy 100%
sustainably sourced
3.5
n/a
n/a
n/a
2.6
0.3
23.0
58.0
62.0
2.3
1.4
29.4
66.0
69.0
Net zero operation by 2030³ (announced October 2020)
1
2
3
Reduce
0.0
2011
2016
2019
1. Original targets set in 2012 stretched in April 2017 for CO₂ emissions per FTE, waste reduction and paper reduction; text refers to stretch targets
2. Power Purchase Agreement (PPA); original target of 25% increased to 40% in April 2017 and announced 100% target by 2030 in November 2017
3. We will continue to reduce other environmental impacts related to waste and paper which are also important in our operations
Replace
Resolve
Continue to reduce emissions from direct operations and
start reducing emissions from supply chain
Engage with strategic suppliers through CDP Supply Chain
Programme
2.3
Replace consumption with low carbon alternatives, where
possible, such as PPAs or green tariffs for energy
Replace current fleet to low carbon vehicles and support
sustainable aviation fuel initiatives
|
Estimated decarbonisation of operational emissions
CO₂ emissions by source, million tonnes
2
Remove remaining emissions from operations and supply
chain by procuring high quality offsets supporting nature
based solutions only once reduction and replacements
initiatives are exhausted
2019
0.0
2030
Target
Supply chain
Travel and other
Energy
Offsets
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