HSBC's Climate Change Impact: D
HSBC currently does not power their corporate building using 100% green renewable energy. This means the electricity used contains a mix of electricity generated by non-renewable means. This may include fossil fuels, such as coal. Today there are many different electricity providers offering green generated renewable electricity.
HSBC's company website currently isn't hosted by an industry recognised green host. This means they power their data centre using 100% renewable energy. Switching to a web hosting provider that operates this way will help the internet, and HSBC becoming a green company.
Becoming carbon-free is one of many ways to become an eco company.
If HSBC was to become a carbon-negative company will not only cover its outgoing carbon dioxide production, but remove more than its total output.
HSBC has not committed to using 100% green renewable energy.
HSBC has pledged to be a carbon neutral company by 2030. Publically stating you are a carbon neutral company, which is a great step towards a positive climate action approach, is what every company should strive for way beyond the Paris Agreement's 2050 deadline.
We know HSBC are climate positive and have set out goals in line with their business operations to try and lower their carbon footprint, key to net zero by 2050.