HSBC

Assessment year: 2018

Total score 
3 out of 5
Awareness, understanding and intent 
4 out of 5
Commodity 
3 out of 5
Scope 
2 out of 5
Implementation, monitoring and reporting 
4 out of 5

Assessment year: 2017

Total score 
4 out of 5
Awareness, understanding and intent 
5 out of 5
Commodity 
5 out of 5
Scope 
4 out of 5
Implementation, monitoring and reporting 
3 out of 5

Assessment year: 2016

Total score 
5 out of 5
Overall forest policy 
5 out of 5
Policy strength 
5 out of 5
Reporting and transparency 
4 out of 5

Assessment year: 2015

Total score 
5 out of 5
Overall forest policy 
4 out of 5
Policy strength 
5 out of 5
Reporting and transparency 
4 out of 5

Assessment year: 2014

Total score 
5 out of 5
Overall forest policy 
4 out of 5
Policy strength 
5 out of 5
Reporting and transparency 
4 out of 5
Financial institution type 
Asset manager, Bank
HQ 
United Kingdom

Collective commitments

Banking Environment Initiative member
Yes
New York Declaration on Forests signatory
No

150 Financial institutions

Investors and lenders need to adopt and implement environmental, social and governance (ESG) criteria that ensure their investments are not funding deforestation. For analysis of how the financial sector is performing click here.

This assessment has been carried out following the assessment methodology developed for the Forest 500 project.

Profile 

HSBC are an international banking group headquartered in London serving private and commercial clients. Their services include corporate finance, insurance, and investments, securities, wealth management and retail banking services. As of 2017, HSBC’s total assets amount to more than 2.4 trillion USD, with approximately 1 trillion USD in loans. HSBC are among the top 10 lenders to Forest 500 companies, with loans amounting to more than 68 billion USD across a broad range of forest risk sectors. They are also among the top 80 shareholders for Forest 500 companies, with more than 4 billion USD worth of shares.

Other financial institutions

BNP Paribas

Score
3 out of 5

HSBC

Score
3 out of 5

Deutsche Bank

Score
3 out of 5

ING Group

Score
3 out of 5

Royal Bank of Scotland

Score
3 out of 5

Credit Suisse

Score
3 out of 5

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our citation guidance for advice on how to cite data presented here or elsewhere on this site.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.