Financing net zero

We’re playing a leading role in the transition to a net zero global economy. The biggest impact we can make is by working with our customers to support their transition to lower carbon emissions.

Decarbonising the global economy

We’re mobilising finance and unlocking innovation, in line with the science, to help limit temperature rises to 1.5°C.
With our help, carbon-intensive industries and regions can invest and create the green business models of the future.

What we do

See how we’re supporting our client FAS Energy to bolster Egypt’s transition to a greener economy with one of the world’s largest solar power plants.

Where we do it

From the UK government’s first green bond to sustainability-linked loans in Brazil, see some of the innovative solutions we’ve put in place across the globe.

Why we do it

Our Chief Sustainability Officer explains how we’re financing the future – and making a vital difference in areas where the transition will be toughest.

Our climate policies and targets

We will align the financed emissions from our portfolio of customers to net zero by 2050 or sooner.

We’re setting 2030 targets for emissions reduction in different sectors, focusing on the heaviest emitters first. This includes a commitment to phase down our fossil fuel financing. By working with clients to develop transition plans, we will understand, sector by sector and client by client, how to reach net zero by 2050.

Three steps forward in our net zero transition

We’re setting out transformational changes we’re making to deliver on our climate strategy and targets.

How we’re enabling the transition from coal to clean

Our coal policy will facilitate a just transition to net zero for developed and developing countries.

HSBC sets financed emissions targets

We’ve announced targets for reducing financed emissions in two carbon-intensive sectors – oil and gas, and power and utilities – by 2030.

Climate pioneers wanted

HSBC is home to leading global experts on the science, industry transitions and technologies critical to a net zero future. They work alongside our front-line bankers to advise our customers.

As well as bringing these climate specialists into the bank, we’re upskilling our existing workforce to put sustainability at the top of our minds and at the heart of what we do. If a net zero future is your priority, come and build your career with us.

Eco inspiration (duration 2:19) How a childhood ‘environmental pioneer’ spurred Dana Krechowicz into a career accelerating green finance in Canada.

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Climate Solutions Partnership

We are working with WRI and WWF to help climate solutions become commercial reality.

Net zero in our operations

We’ve committed to reducing carbon emissions from our operations and supply chain to net zero by 2030 or sooner.

Sustainability for businesses

We’re supporting businesses to understand and act on their transition to lower emissions, and helping them achieve their wider sustainability ambitions.

Insight

Why Southeast Asia offers reason for optimism

The region is primed for growth, despite the gloomy global picture, writes Surendra Rosha.

The vital role of voluntary carbon markets

They have an essential part to play in the net zero transition, writes HSBC’s Chris Webb.

Asian emerging markets are not looking so bad after all

Find out why investors remain upbeat about their long-term growth prospects.