ESG investors

Reporting on our ESG performance

Giving a clear account

We are committed to publishing regularly updated information on our environmental, social and governance (ESG) performance. This page provides details of our ESG ratings and performance, and links to other useful sources of information on this website.

At HSBC we believe in doing business responsibly, sustainably and in line with our values. This is key to building a successful business over the long term. We recognise our responsibilities not only to our shareholders, customers and employees, but also to the wider communities we serve.

Our ESG Update

Download our latest report on HSBC’s approach to environmental, social and governance (ESG) issues.

We provide information about the impact of our business on people and the environment, as well as on the steps we take to ensure good corporate governance.

We published updated ESG information alongside our Annual Report and Accounts 2019. And we will continue to refine our approach to reporting. For example, as part of our adoption of the recommendations from the Task Force on Climate-related Financial Disclosures, we are expanding the information we make available in relation to climate risk each year. We will also disclose new metrics over time where we have sufficient, reliable and relevant data.

You can find further information about how HSBC does business and its broad approach to many ESG-related topics in the Our approach section of this website, and details on green and sustainable bonds issued by HSBC in the Investors section.

ESG reporting and policies

Find detailed ESG reporting information and download our policies and procedures relating to environmental, social and governance issues.

Green and sustainability bonds

Find details of the green bonds issued by HSBC and our Green Bond Framework.

Our ESG ratings and targets

The profile of ESG investing has risen rapidly in recent years. Fund managers and small and large investors are placing an increasing emphasis on ESG issues. This reflects changing societal and consumer expectations and a growing call for businesses to play a stronger role in tackling these issues.

HSBC research suggests that, in addition to believing that businesses should do the right thing, investors increasingly see ESG issues as a differentiating factor in the long-term performance of the companies they invest in.

We work with independent ratings agencies who assess our ESG performance against that of other companies and organisations. As of January 2020, our ratings were as follows:

Agency Rating
Carbon Disclosure Project A-
MSCI BBB
Sustainalytics Medium Risk

We also set ESG-related targets to guide how we do business. These include a pledge to provide and facilitate USD100 billion in sustainable financing and investments by 2025, and a goal of ensuring that 30 per cent of our senior roles are held by women by the end of 2020. Other targets focus on improving customer satisfaction, reducing the environmental impact of our operations, and upholding high standards of conduct worldwide.

The 2020 annual incentive scorecards of the Group Chief Executive Officer, Group Chief Financial Officer and members of the Group Management Board have 30 per cent weightings for measures linked to these outcomes. ESG metrics are also included in the long-term incentive scorecards of executive Directors.

More on this topic

Sustainable finance

We aim to play a leading role in the global transition to a low-carbon economy.

Sustainable operations

HSBC is committed to reducing the environmental impact of its businesses.

Sustainability memberships

We engage in a number of industry forums and groups focused on sustainability.

Our approach

We are committed to building a business for the long term by doing business responsibly and building relationships that last.

Read more

News and insight

Our clean water legacy

Millions have benefited from clean water and sanitation thanks to the HSBC Water Programme.

Creating the 21st-century city

Urban growth needs to be smart and sustainable, says HSBC Group Chairman Mark Tucker.

Seagrass on the ocean floor

Blue carbon makes the world greener

Oceans and coastal habitats play a vital role in the fight against climate change.

Cutting congestion lifts growth

Making it easier to get around cities could boost the economy and protect people’s health.