HSBC Meets Targets for Emissions, Waste and Energy

environmentalleader.com (May 27 2009) Emissions , Solar , Wind , Servers

1. HSBC Holding plc, one of the world’s largest banking and financial services companies, says it has achieved several of its environmental performance goals in 2008 including reduction targets for energy, waste and carbon dioxide, according to its Sustainability Report 2008. In 2008, HSBC set new four-year targets for reducing energy and water consumption, and production of waste and carbon dioxide from energy. Over the last year, total emissions from energy use in all buildings have increased by 1.5 percent. However, for those parts of the group where targets have been set (excluding data centers), energy use reduced by 4.6 percent in 2008 when normalized by the number of full-time equivalent employees, says the company. Travel-related emissions accounted for 21 percent of the group’s total carbon dioxide footprint in 2008 of which 64 percent comes from air travel. Emissions from travel decreased by 7 percent in 2008 ... (Read Full Article)

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