汇丰银行HSBC市场前景及投资研究报告-培训课件外文版2024.6

COMPANIES

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PRODUCTSHSBCCHAPTER

01OverviewLargestbanksworldwideasofDecember2022,byassets(intrillionU.S.dollars)Largestbanksworldwide2022,byassetsTotalassetsintrillionU.S.dollars01234567Industrial&CommercialBankofChina(China)ChinaConstructionBank(China)AgriculturalBankofChina(China)BankofChina(China)5.745.024.924.19JPMorganChase(U.S.)3.67BankofAmerica(U.S.)MitsubishiUFJFinancialGroup(Japan)HSBCHoldings(U.K.)3.052.972.862.85BNPParibas(France)CreditAgricole(France)2.542.42Citigroup(U.S.)PostalSavingsBankofChina(China)SumitomoMitsuiFinancialGroup(Japan)MizuhoFinancialGroup(Japan)BankofCommunications(China)2.042.011.911.883Description:Thelargestbankintheworldbasedontotalassetsin2022wastheIndustrialandCommercialBankofChina(ICBC).Thebank'stotalassetsreachedapproximately5.74trillionU.S.dollarsthatyear.ThefollowingthreelargestbanksthatyearwerealsoChinese:ChinaConstructionBank,AgriculturalbankofChina,andBankofChina.ReadmoreNote(s):Worldwide;2022;*FinancialdataadjustedforthependingsaleoftheretailbankingbusinessofHSBCContinentalEuropeSA.**FinancialdataadjustedforthependingsaleofBankofWestandcompletepurchaseofbpostbanqueSA.[...]ReadmoreSource(s):S&PGlobalLeadingbanksinEurope2022,bytotalassets(inbillionU.S.dollars)LargestEuropeanbanks2022,byassetsTotalassetsinbillionU.S.dollars05001,0001,5002,0002,5003,0003,500HSBCHoldingsBNPParibas2,864.592,849.61CréditAgricoleBancoSantanderBarclays2,542.611,853.861,823.84UBSGroup1,679.361,636.351,588.991,428.65GroupeBPCESociétéGénéraleDeutscheBankCréditMutuelLloydsBankingGroupIntesaSanpaoloINGGroup1,180.221,057.691,042.731,034.32UniCreditNatWestGroup916.72867.594Description:Totalassetsisoneofthemainmeasuresofabank'sprosperity.Itisdefinedasallassetsownedbyabank.Thisincludes,butisnotlimitedto:cashandbalances,loansandadvancestobanksandcustomers,aswellasdebtsecurities.Asof2022,HSBCHoldingswastheleadingEuropeanbankintermsoftotalassets,withmorethan2.86trillioneuros.In2022,HSBCwasalsoamongthelargestbanksgloballyintermsofmarketcapitalization.ReadmoreNote(s):Europe;2022Source(s):S&PGlobalLeadingbanksinEuropeasofDecember31,2023,bymarketcapitalization(inbillionU.S.dollars)LeadingEuropeanbanks2023,bymarketcapitalizationMarketcapitalizationinbillionU.S.dollars020406080100120140160180HSBCHoldings(UK)UBS(Switzerland)156.1799.9BNPParibas(France)80.04BancoSantander(Spain)Sberbank(Russia)66.9465.01BancoBilbaoVizcayaArgentaria(Spain)IntesaSanpaolo(Italy)53.6553.35INGGroup(Netherlands)UniCredit(Italy)NordeaBank(Finland)CréditAgricole(France)LloydsBankingGroup(UK)CaixaBank(Spain)50.7546.0943.6743.1938.630.3729.8128.82Barclays(UK)SkandinaviskaEnskildaBanken(Sweden)5Description:AsofDecember31,2023,therewasonlyoneEuropeanbankwithamarketcapitalizationofover100billionU.S.dollars.TheUK-basedHSBChadamarketcapitalizationofroughly156.17billionU.S.dollars,byfarthehighestvalueinEurope.UBSrankedsecond,withamarketcapof99.9billionU.S.dollars.Despitesomefluctuationsduringthelastdecade,HSBChascontinuouslymaintainedtheꢀhighestmarketcapamongthelargestEuropeanbanks.ReadmoreNote(s):Europe;December31,2023Source(s):CompaniesMarketCMonthlymarketcapitalizationofEurope'slargestbankssincethecoronavirusfromDecember2019toMarch2024(inbillionU.S.dollars)MarketcapitalvalueofEurope'slargestbankssincethecoronavirus2019-2024HSBCHoldings(UK)BNPParibas(France)UBS(Switzerland)BancoSantander(Spain)INGGroup(Netherlands)LloydsBankingGroup(UK)1801601401201008060402006Description:Thecoronavirus(COVID-19)outbreakhitthefinancialmarketshardin2020.SomeofEurope'slargestbanks,suchasHSBCandBancoSantander,sawmarketcapitalizationvaluesalmosthalvedbetweenDecember31andOctober31,2020.ThemarketcapofEurope'slargestbanksincreasedafterOctober2020,buttheeconomicuncertaintiesof2022startedanotherdowntrend.InMarch2023,followingthecollapseofSiliconValleyBankandSignatureBank,themarketcapofall[...]

ReadmoreNote(s):Europe;December31,2019toMarch31,2024Source(s):Finbox;MostvaluablebankingbrandsinEuropeasofFebruary2024(inbillionU.S.dollars)LeadingEuropeanbanks2024,bybrandvalueBrandvalueinbillionU.S.dollars1005152025HSBC(UK)Santander(Spain)Barclays(UK)20.0518.9113.29BNPParibas(France)UBS(Switzerland)ING(Netherlands)StandardChartered(UK)IntesaSanpaolo(Italy)Natwest(UK)12.2712.2210.028.047.997.3BBVA(Spain)7.21LloydsBank(UK)6.746.556.536.166.13Rabobank(Netherlands)CréditAgricole(France)CréditMutuel(France)KBC(Belgium)7Description:TheUK-basedHSBCtoppedthelistofthemostvaluablebankingbrandsin2024.HSBChadabrandvalueofover20billionU.SdollarsasofFebruary2024.SpanishSantanderrankedsecond,withabrandvalueof18.91billionU.S.dollars.AnotherUKbank,Barclaystookthirdplace,withabrandvalueof13.29billionU.S.dollars.Abrand'svaluecanhaveadirectcorrelationbetweenabrand'sstrengthanditsstandinginstockmarketperformance.HSBCnotonlytoppedtheEuropeanbankslist[...]

ReadmoreNote(s):Europe;February2024Source(s):BrandFinanceLargestbanksintheUnitedKingdom(UK)in2023,bytotalassets(inbillionBritishpoundsandU.S.dollars)LargestbanksintheUK2023,bytotalassetsTotalassetsAssetsinbillionU.S.dollars

AssetsinbillionBritishpounds1,000

1,500

2,00005002,5003,0003,500HSBCHoldingBarclaysLloydsBankingGroupNatWestGroupStandardCharteredSantanderUKNationwideBuildingSociety*VirginMoneyUK*TheCo-operativeBankMetroBank8Description:HSBCwasthelargestbankintheUnitedKingdomasofJune30,2023,boastingtotalassetsvaluedatapproximately3.04trillionU.S.dollars.Asof2022,HSBCwasalsothelargestbankinEurope,anditstoodasoneoftheglobalbankingindustry'sleadinginstitutions.FollowingHSBC,Barclaysheldthesecond-highestamountofassetsintheUK,trailedbyLloyds.ReadmoreNote(s):UnitedKingdom;June2023Source(s):Varioussources(annualandinterimreports)KeyfiguresforHSBCHoldingsfrom2018to2023HSBCHoldingskeyfigures2018-2023201814201914.740202015.940202115.840202214.239202314.842Commonequitytier1(CET1)ratio(%)Numberofcustomers(millions)Employees(1,000s)392358.61540.63202358.42263.12208.32199.922114.61361.1520ROTE(Returnontangibleequity)(%)Liquiditycoverageratio(%)Basicearningspershare(USD)Totalcapitalratio(%)1500.31390.1921.568.31390.6221.269.91320.7219.364.620.459.2Costefficiencyratio(%)6148.59/statistics/580285/key-figures-for-hsbc-holdings-bankIn2023,HSBCsawitsreportedprofitsbeforetaxincreaseconsiderablycomparedto2022.Intermsofcapitalandliquidity,thetotalcapitalratioandthecommonequitytier1capital(CET1)ratio,whilethecostefficiencyratiodecreasedin2023.

ReadmoreNote(s):2018to2023Source(s):HSBCCHAPTER

02KeyfinancialfiguresTotalassetsofHSBCfrom2007to2023(inbillionU.S.dollars)TotalassetsofHSBC2007-20233,5003,0002,5002,0001,5001,00050002007200820092010201120122013201420152016201720182019202020212022202311Description:ThetotalassetsoftheBritishbankHSBCincreasedconsiderablybetween2007and2023,despitesomefluctuation.In2023,thetotalassetsoftheHSBCbankexceededthreetrillionU.S.dollars.Itwasaslightincreasecomparedtotheperviousyear,andalsosurpassedthevalueofassetsin2020.Overall,HSBC'sassetsincreasedsteadilybetween2016and2023.ꢀHSBC-additionalinformationHSBCHoldingsplcisaBritishmultinationalbankandfinancialservicesorganizationbasedinLondon,[...]

ReadmoreNote(s):Worldwide;2007to2023Source(s):HSBCProfitsofHSBCfrom2007to2023(inbillionU.S.dollars)ProfitsofHSBC2007-2023302524.620.462017.9417.816.2515.3315.115.0314.7114.714.191510511.888.716.696.56.13.4502007200820092010201120122013201420152016201720182019202020212022202312Description:HSBCpostedaprofitaftertaxof24.6billionU.S.dollarsin2023,upfrom16.25billionU.S.dollarsin2022.2022and2023werewell-performingyearsforthebankintermsofprofits,with2023recordingthehighestprofitseverduringtheperiodunderobservation.Theꢀoperatingincomeofthebankalsoincreasedbymorethan15billionU.S.dollarsin2023.ꢀHSBCbankHSBCisaBritishbankingandfinancialservicescompanyandoneofthemajorplayersontheglobalbankingmarket.As[...]

ReadmoreNote(s):Worldwide;2007to2023Source(s):HSBCNetfeeincomeofHSBCfrom2009to2023(inbillionU.S.dollars)NetfeeincomeofHSBC2009-20232017.6617.361816141210817.1616.4316.4315.9614.7113.112.7812.8112.6212.0211.8711.7711.85642020092010201120122013201420152016201720182019202020212022202313Description:ThenetfeeincomeoftheBritishbankHSBCdecreasedoverallbetween2009to2023.Afteranotableincreasefrom11.87to13.1billionU.S.dollarsin2021,HSBC'snetfeeincomedroppedto11.85billionU.S.dollarsin2023,oneofthelowestvalueintheobservedtimeperiod.ReadmoreNote(s):Worldwide;2009to2023Source(s):HSBCTotaloperatingincomeofHSBCfrom2009to2023(inbillionU.S.dollars)TotaloperatingincomeofHSBC2009-20239083.4682.5580.0178.6378.348070605040302010074.5971.0971.0266.0663.7863.5963.9463.0759.8450.6220092010201120122013201420152016201720182019202020212022202314Description:ThetotaloperatingincomeofHSBCincreasedin2023incomparisontothepreviousyear.Infact,intermsoftotaloperatingincome,2022wastheworst-performingyearforHSBCthroughouttheobservedperiod.AsofDecember2023,thetotaloperatingincomeoftheUK-basedbankinggiantamountedtoroughly66billionU.S.dollars.ReadmoreNote(s):Worldwide;2009to2023Source(s):HSBCTotaloperatingexpensesofHSBCfrom2009to2023(inbillionU.S.dollars)TotaloperatingexpensesofHSBC2009-2023504540353025201510542.9341.5541.2539.7738.5637.6936.4234.8534.6234.9534.3633.8933.0432.5532.35020092010201120122013201420152016201720182019202020212022202315Description:ThetotaloperatingexpensesoftheBritishbankHSBCfluctuatedconsiderablyduringtheperiodbetween2009and2023,witharelativelystableperiodfrombetween2020and2023.ThetotaloperatingexpensesofHSBCamountedto32.35billionU.S.dollarsin2023,downfrom32.55billionU.S.dollarsin2022.ReadmoreNote(s):Worldwide;2009to2023Source(s):HSBCCommonequitytier1(CET1)capitalratioatHSBCfrom2013to2023Commonequitytier1capitalratioatHSBC2013-202318%15.9%15.8%16%14%12%10%8%14.8%14.7%14.5%14.2%14%13.6%11.9%10.9%10.8%6%4%2%0%2013201420152016201720182019202020212022202316Description:In2023,thecommonequitytier1(CET1)capitalratioofHSBCincreasedincomparisontothepreviousyear.Theratiodeclinedforthethirdconsecutiveyearin2022,andthatyear,thedecreasewasquitenotabletoo.TheCET1capitalratioofHSBCreachedapeakvalueof15.9percentin2020andremainedsimilarlyhigh-withaslightdrop-in2021and2022.In2023,however,theratioincreasedto14.8percent.Despitethedecreaseoverthelastfewyears,theCET1ratioofHSBCremained[...]

ReadmoreNote(s):WorldwideSource(s):HSBCReturnonaverageordinaryshareholders'equityatHSBCfrom2009to2023Returnonaverageordinaryshareholders'equityatHSBC2009-202316%14%12%13.6%10.9%9.5%10%8%6%4%2%0%9.2%9%8.4%7.7%7.3%7.2%7.1%5.9%20175.1%20093.6%20192.3%20200.8%2016201020112012201320142015201820212022202317Description:Thereturnonaverageordinaryshareholders'equityatHSBCwas13.6percentin2023,thehighestreturnsince2013.Afterasharpdropin2019and2020,thereturnonequityattheBritishbankinggiantincreasedsharplyin2021,andtheincreasingtrendcontinuedin2023.ReadmoreNote(s):Worldwide;2009to2023Source(s):HSBCMonthlymarketcapitalizationofHSBCHoldingsplcontheLondonStockExchange(LSE)fromJanuary2010toMarch2023(inbillionGBP)LondonStockExchange:HSBCmonthlymarketcapitalization2010-202317015013011090705018Description:ThisstatisticillustratesthemonthlymarketcapitalizationvalueofHSBCHoldingsPLContheLondonStockExchangefromJanuary2010toMarch2023.HSBCHoldingsPLCisaBritishmultinationalbankingandfinancialservicesholdingcompanywithintheleadinglargestbanksintheworld.AsofMarch2023,HSBChadthehighestmarketcapitalofanybanktradingontheLSE.ReadmoreNote(s):UnitedKingdom;January2010toMarch2023Source(s):LondonStockExchangeCHAPTER

03SegmentsShareofHSBC'sglobalrevenuesin2023,bysegmentShareofHSBC'sglobalrevenues2023,bysegmentGlobalbankingandmarkets24%Wealthandpersonalbanking41%Commercialbanking35%20Description:ThelargestshareofHSBC'srevenuesin2023camefromtheirwealthandpersonalbankingsegment.Thissegmentaccountedfor41percentofthetotalannualrevenuesthatyear.Thewealthandpersonalbankingsystemconsistsofglobalprivatebanking,retailbanking,andwealthmanagement.ReadmoreNote(s):Worldwide;2023Source(s):HSBCNetoperatingincomeofHSBCfrom2018to2023,bysegment(inmillionU.S.dollars)NetoperatingincomeofHSBC2018-2023,bysegmentWealthandpersonalbankingGlobalbankingandmarketsCommercialbankingCorporatecenter30,00027,27525,56525,000

23,55120,00022,86722,01320,97220,88416,28314,60216,11515,16414,86915,30313,31215,05614,37415,00010,0005,000013,08612,699-262-199-654-678-883-1,898-5,00020182019202020212022202321Description:HSBC'swealthandpersonalbankingsegmentgeneratedthehighestnetoperatingincomefrom2018to2023.Thevalueoftheirwealthandpersonalbankingsegmentincreasedsignificantlyin2023,andwasaround27.3billionU.S.dollars.

ReadmoreNote(s):Worldwide;2018to2023Source(s):HSBCAnnualreportedrevenueofHSBCworldwidefrom2017to2023,byregion(inbillionU.S.dollars)AnnualrevenueofHSBCworldwide2017-2023,byregionAsiaEuropeNorthAmericaLatinAmericaMiddleEastandNorthAfrica706050403020100201720182019202020212022202322Description:ReportedrevenueofHSBCHoldingsincreasedslightlygloballybetween2020and2023.IntheyearendingDecember31st2023,thebanksawrevenuesworldwidereachalmost66.1billionU.S.dollars.ApproximatelyhalfofallrevenueforthebankcamefromtheAsiaregion.ReadmoreNote(s):Worldwide;2017to2023Source(s):HSBCValueofprofit/lossbeforetaxofHSBCinNorthAmericain2023,bybankingsegment(inmillionU.S.dollars)Pre-taxprofit/lossofHSBCinNorthAmericain2023,bybankingsegment1,2001,0741,0008006004002000518231-200-400-600-494CorporateCentreCommercialbankingWealthandpersonalbankingGlobalbankingandmarkets23Description:Asof2023,theprofit/lossbeforetaxgeneratedbyHSBCinNorthAmericavariedgreatlyaccordingtothebankingsegmentconsidered.Inthatyear,thecommercialbankingbranchofHSBCinNorthAmericageneratedapre-taxprofitof1,074millionU.S.dollars.ReadmoreNote(s):Canada,UnitedStates;2023Source(s):HSBCCHAPTER

04CompetitorsLargestbanksintheUnitedKingdom(UK)from2001to2023,bymarketcapitalization(inbillionU.S.dollars)LargestbanksintheUK2001-2023,bymarketcapitalizationHSBCHoldingsLloydsBankingGroupNatWestGroupBarclaysStandardChartered3002502001501005002001

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202325Description:HSBCwasthelargestbankintheUnitedKingdombymarketcapitalizationduringthewholeperiodbetween2001and2023.AsofDecember31,2023,HSBChadamarketcapitalizationofapproximately156.17billionU.S.dollars,whichwasanotableincreasecomparedtothepreviousyears.WhilethemarketcapitalizationofHSBCdidnotreachitspre-COVIDvalues,itwasstillꢀhigherthanthatofanyotherEuropeanbankꢀduringthatperiod.ReadmoreNote(s):UnitedKingdom;2001to2023;asofDecember31,eachyearSource(s):CompaniesMarketCRevenueofthelargestbanksintheUnitedKingdom(UK)from2010to2023(inbillionBritishpounds)RevenueofthelargestbanksintheUK2010-2023HSBCHoldingsBarclaysLloydsBankingGroupNatWestGroupStandardChartered2010201120122013201420152016201720182019202020212022202326Description:Since2014,HSBCHoldingshadthelargestannualrevenueamongthefivelargestbanksintheUnitedKingdom.In2023,HSBC'srevenueamountedtoroughly51.92billionBritishpounds.BarclaysPLCfollowed,withrevenueof25.38billionBritishpoundsin2023.ReadmoreNote(s):UnitedKingdom;2010to2023Source(s):Varioussources(annualreports)NumberofcustomersworldwideatthelargestbanksintheUnitedKingdom(UK)in2023(inmillions)LeadingbanksintheUKbynumberofcustomers2023Numberofcustomersinmillions60

80

10002040120140160180SantanderBarclays164.5448HSBC42LloydsBankGroupNatWest261916.3Nationwide*StandardCharteredVirginMoneyMetroBank106.62.727Description:TheUK-basedbankwiththehighestnumberofcustomersin2023wasSantander,withover164millioncustomersworldwide.Barclaysfollowed,withaglobalcustomerbaseof48million.Despitetheirhighcustomernumbers,boththesebanksrankrelativelylowwhenitcomestocurrentaccountholdercustomersatisfaction.ThetopthreebanksintermsofsatisfiedcustomersasofAugust2023weretheonlinebanksStarlingBank,FirstDirect,andMonzoBank.ReadmoreNote(s):Worldwide,UnitedKingdom;2023Source(s):Varioussources(annualreports,websites)NumberofbranchesatselectedleadingbanksintheUnitedKingdom(UK)from2017to2023NumberofbranchesatselectedlargebanksintheUK2017-202320172018202120222023*2,5002,0001,5001,0005000LloydsBankingGroupNatWestGroupBarclaysSantanderHSBCNationwideBuildingSocietyTSBBankTheCo-operativeBank28Description:Withtheriseofonlinebankingandthespeedandconveniencethatitbrings,thepresenceofphysicalbankbrancheshasbecomelessimportantinrecentyears.Themostprominentchangeinbankbranchesduringtheperiodfrom2017to2023canbeseenwiththeUK'sbigfour(Barclays,Lloyds,HSBC,andNatWest).Duringthisperiod,Barclaysclosedalmost1,000branchesacrossthecountry,buttheotherthreedominantbanksalsosawtheirbranchesdecreasesharply.

ReadmoreNote(s):UnitedKingdom;2017to2023Source(s):RetailBankerInternational;Which?NetcurrentaccountcustomersgainedorlostbyleadingbanksintheUnitedKingdom(UK)via"currentaccountswitchservice"(CASS)in3rdquarter2023CurrentaccountswitchesofbanksintheUKQ32023,bynetgain/lossNetgain/loss-10,000NatWest010,00020,00030,00040,00050,00060,00070,00059,158HSBCTSB25,03715,754RBS6,382UlsterBank1,885TriodosBankJ.P.MorganCHASEDanskeBankofIrelandAIBGroup(UK)p.l.c.BankofScotlandStarlingBankLtdCo-operative94-140-340-419-590-1,473-1,999-2,02829Description:Thevolumeofbankaccountswitching(usingthe"currentaccountswitchservice",CASS;offeredbythePayment'sCouncil)listedforleadingUnitedKingdom(UK)banksinthethirdquarterof2023wasthehighestforNatWest.Thebankhadanetgainofover59,000currentaccountcustomersduringthisperiod.Duringthesameperiod,Santanderhadthehighestrecordednetlosses,withmorethan27,000currentaccountcustomersswitchingtootherbanks.

ReadmoreNote(s):UnitedKingdom;July1,2023toSeptember30,2023Source(s):Pay.UKRatioofbankcustomersgainedandlostintheUnitedKingdomin3rdquarter2023,bybankRatioofbankcustomerswonandlossintheUKQ32023Ratioofcustomersgained/(lost)-2

-1-3-3-2-1011TriodosBankHSBCRoyalBankofScotland(RBS)TSB0.70.60.60.5NatWest0.4UlsterBank-0.6JPMorganCHASELloydsBank-1-1.1Monzobank-1.2-1.2StarlingBankCo-operativeBankBankofScotlandHalifax-1.4-1.5-1.630Description:Theriseofdigitaldisruptors,challengersandsustainability-focusedbanksintothemarkethasbeennothingshortofincredible,withbackersinvestinghundredsofmillionsofU.S.dollarsintothesenewercompanies.Totrulybegintochallengethelargerbanks,disruptorsmustnotonlyseecustomergrowthbutalsowinconsumersoverfromtheirrivals.Inthethirdquarterof2023,customerretentionvariedgreatlyacrossbanksintheUK,butdigitalbanks,suchasMonzoandStarlingBank,[...]

ReadmoreNote(s):UnitedKingdom;Q32023Source(s):Pay.UK;LeadingbanksforlargecorporationsintheUnitedKingdom(UK)in2024,bymarketpenetrationrateMarketpenetrationofbanksforUKlargecorporationsin202480%71%69%70%61%60%50%40%30%20%10%0%HSBCBarclaysNatWestGroup31Description:Accordingtotop-tierlargecorporationsexecutivesintheUnitedKingdom(UK),HSBChadthelargestmarketpenetrationamongleadingbankingservicesprovidersinthecountryasof2024.Inthattime,HSBChadamarketpenetrationof71percentoftheUnitedKingdomcorporatebankingmarket.HSBCwasalsooneofthetopfivebanksbylargecorporationsmarketpenetrationinEurope.ReadmoreNote(s):UnitedKingdom;July2023toDecember2023;125respondents;CFOs,financedirectorsandtreasurersoftop-tiercompaniesintheUnitedKingdomSource(s):GreenwichAssociatesCHAPTER

05ESGValueofsustainablefinanceinvestmentsofHSBCbankfrom2017to2020,byinvestmenttype(inbillionU.S.dollars)ValueofinvestmentingreenfinanceofHSBCbankglobally2017-2020FacilitationFinancingInvestments454035302520151053.781.16.21.15.328.90.20.516.611.110.30201720182019202033Description:In2017,HSBCjoinedagrowingnumberoftheworld'slargestbanksinmakingafinancialcommitmenttosustainablefinancingandinvestmentstohelpprojects,technologies,andcleanenergiesindeliveryoftheParisAgreementandtheUNSustainableDevelopmentGoals.HSBC'sfinancialcommitmentin2017cametoatotalof100billionU.S.dollarsby2025intheformoffacilitation,financingandinvestments.Inthefouryearsincludedsincetheircommitment,HSBChassofar[...]ReadmoreNote(s):Worldwide;2017and2020Source(s):HSBCTotalcarbonemissions(CO2e)perfull-timeemployee(FTE)ofHSBCHoldingsPlcworldwidefrom2017to2023(intonnes)HSBC:totalCO2emissionsperfulltimeemployeeworldwide2017-20233.02.492.52.01.51.00.50.02.392.261.931.521.31.3201720182019202020212022202334Description:HSBChassucceededindecreasedtheircarbondioxideemissionsinrecentyears.TheirCO2emissionsperfull-timeemployeedroppedfromaround2.49tonnesperemployeein2017,downto1.3tonnesperemployeein2023.ꢀGlobally,financialcorporationsaretakingactiontoreducetheircarbonfootprintinaccordancewiththeParisAgreement.AlongsidethereductionofCO2emissions,manybankshavemadefinancialpledgestofundandfacilitatemoresustainableprojects.

ReadmoreNote(s):Worldwide;2017to2023Source(s):HSBCTotalcarbonemissions(CO2e)perfull-timeemployee(FTE)ofHSBCHoldingsPlcworldwidefrom2017to2022,byregion(intonnes)TotalCO2eemissionsperfull-timeemployeeatHSBCworldwide2017-2023,byregion20172018201920202021202220234.54.03.53.02.52.01.51.00.50.0MiddleEastandNorthAfricaNorthAmericaLatinAmericaAsiaEuropeTotalCO2eemissionsperFTE35Description:Thecarbondioxideemissionsperfull-timeemployeeofHSBCdecreasedintwooffiveregionsin2023.LatinAmericaandAsiasawCO2e