FinanceMap scores this financial institution in the following areas. Please navigate to the relevant tab for in-depth analysis
FinanceMap assesses these portfolios for this financial institution. Please navigate to the relevant tab for in-depth analysis.
HSBC appears to have assigned climate-related responsibilities to some board committees but details on how the board incorproates climate into strategy and policies lack granularity. The board was actively and directly engaged with the organization’s climate agenda in 2021 following a shareholder resolution on its climate approach. Additionally, the organization has also assigned climate-related responsibilities to management-level committees, such as an executive level ESG committee.
HSBC has defined the climate-related risks it considers relevant to its business, and previously disclosed which risks it considers over different time horizons in its 2020 TCFD Report. It has defined some of the processes used to determine which risks and opportunities could have a material financial impact on the organization, such as regular stress tests and an assessment to understand the impacts of greenwashing on its risk taxonomy.
It has provided some examples of how it has considered the impact of climate-related risks and opportunities on its corporate strategy planning, such as how it is supporting customers with the net-zero transition and integrating climate considerations into its supply chain and operations.
In 2020, HSBC conducted stress testing on six portfolios most exposed to climate risk using NFGS scenarios as well as a physical risk analysis on retail mortgage portfolio. In 2022, it conducted an analysis focused on the 11 wholesale sectors expected to be most impacted by climate risks, as well as a physical risk assessment of four of its retail mortgage markets - the UK, Hong Kong, Singapore and Australia. The organization is also using this scenario analysis to inform its real estate planning.
The organization has clearly described the processes used for identifying and prioritizing climate-related risks. For example, it uses a transition and physical risk questionnaire to assess customers’ business models, and has increased the scope of this questionnaire over time.
HSBC has disclosed some of its processes for managing different climate-related risk types, such as its Climate Risk Oversight Forums. It appears to integrate climate risk into overall risk management processes by identifying ESG as a top and emerging risk, and including all risk types in its climate risk taxonomy.
The organization is transparent about key metrics used to measure and manage climate-related risks, including detailed sustainable finance metrics, exposure of certain portfolios to climate-related risk, and a detailed remuneration policy with measures linked to climate considerations.
The organization discloses Scope 1, Scope 2, and some relevant Scope 3 emissions data. It also discloses financed emissions measurements for six sector portfolios, including oil and gas, power and utilities, iron, steel and aluminum, aviation, cement, and automotive, and meets several requirements of the PCAF methodology for these measurements.
In October 2020, HSBC announced its ambition to become a net-zero bank, including a commitment to reach net-zero emissions for its operations and supply chain by 2030 or sooner. It has since joined the NZBA, and a management backed resolution focusing on this commitment passed at its 2021 AGM. In February 2022, HSBC outlined its 2030 targets, setting a 34% reduction in absolute on-balance sheet financed emissions for the oil and gas sector and a 75% reduction in the on-balance sheet financed emissions intensity for the power and utilities sector. It has since added four more sector 2030 targets, for aviation, cement, automotive, and iron, steel, and aluminum, as well as a coal phase out policy with an emissions reduction target for both coal-fired power and coal mining.
The organization's coal policies are partially aligned with IPCC guidance on the role of coal in the energy mix. HSBC has committed to phase out thermal coal mining and coal-fired power by 2030 in the EU and OECD countries, and globally by 2040. Additionally, it expects all clients to publish transition plans by the end of 2023. HSBC will not provide new finance or advisory services to clients with activities inconsistent with its targets and phase-out timelines, including creation of new thermal coal assets, thermal coal expansion, new thermal coal infrastructure, and has outlined coal-related revenue thresholds and requirements for new clients. It has not set materiality thresholds for non-EU/OECD countries yet.
HSBC has set exclusionary policies for some unconventional oil and natural gas activities, including projects financing for ultra-deepwater offshore projects, shale oil projects, heavily oil projects, or projects in environmentally or socially critical areas (including the Amazon biome, Antarctic, Arctic, etc.), and will not take on new clients with more than 10% of revenue from unconventional activities.
The organization will continue to finance existing oil and gas clients on the condition that they have a credible transition plan but will not provide new finance or advisory services to clients for projects pertaining to new O&G fields where the final investment decision was taken after December 21 2021. For prospective clients, HSBC has outlined various conditions where it will not start a new relationship based on percent of revenue from O&G exploration as well as credible transition plans.
Additionally, HSBC appears to be supportive of nuclear energy in the energy mix, and has a nuclear financing policy that requires projects to meet international safety standards. HSBC is supporting a low-carbon economy by facilitating investment in renewables, and has a sustainable finance goal to mobilize $750bn to $1tn of sustainable finance and investment by 2030. However, it is unclear how it determines the eligibility of transactions towards its financing goal.
FinanceMap’s Climate Governance and Policies analysis assesses statements financial institutions (FIs) are making on how they are incorporating climate issues into their decision-making and operations using FinanceMap’s matrix methodology. This methodology is adapted from the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations and guidelines, Net-Zero Banking Alliance (NZBA) or equivalent Glasgow Financial Alliance for Net-Zero (GFANZ) initiative reporting, and IPCC and IEA technology statements. The TCFD provide guidance on 11 recommendations across four areas which are reflected in our matrix: Governance, Strategy, Risk Management, and Metrics and Targets. Additional benchmarks have been introduced to strengthen the ambition of scoring criteria in the assessment of targets, which are supplemented by guidance from the NZBA or equivalent GFANZ initiatives.
Additionally, Science-Based Policy (SBP) benchmarks are used to measure alignment of an FIs technology positions with the science of climate change. These benchmarks are applied to an FIs internal policies on technologies including coal, oil, gas, nuclear, and renewables and also assesses its engagement with broader climate and energy policy issues such as advocacy on the role and importance of different strategy types in the future energy mix.
For each TCFD recommendation and technology, FIs statements are applied to a five point scoring scale ranging from +2 to -2, measuring alignment with the relevant benchmarks. The detailed scores for this FI are displayed below within each matrix cell.
The following table outlines the key queries and data sources, which FinanceMap uses to assess financial institutions climate governance, targets and policies. Every evidence piece is assessed on a five-point scale of -2,-1,0,1,2 or NA (not applicable)/NS (not scored). All queries, data sources, and evidence pieces are weighted against one another in a matrix system to arrive at a final top-level score. Clicking on specific cells will load the underlying evidence and information on how it has been assessed.
Fossil fuel companies are those whose primary sector falls within coal mining and services, or up-, mid-, and downstream oil and gas sectors. Green companies are defined as companies having over 75% revenue deriving from Substantial Contribution to Mitigation activities under the EU Taxonomy.
Portfolio Paris Alignment analysis of this institution's activities in this portfolio area assesses deals in 2020–2022.
Value Assessed: $281B
Sector Paris Alignment scores for the sectors to which this portfolio has exposure. FinanceMap Paris Alignment analysis is limited to the automotive, upstream fossil fuel, and power sectors.
Fossil fuel companies are those whose primary sector falls within coal mining and services, or up-, mid-, and downstream oil and gas sectors. Green companies are defined as companies having over 75% revenue deriving from Substantial Contribution to Mitigation activities under the EU Taxonomy.
Portfolio Paris Alignment analysis of this institution's activities in this portfolio area assesses deals in 2020–2022.
Value Assessed: $236B
Sector Paris Alignment scores for the sectors to which this portfolio has exposure. FinanceMap Paris Alignment analysis is limited to the automotive, upstream fossil fuel, and power sectors.
Fossil fuel companies are those whose primary sector falls within coal mining and services, or up-, mid-, and downstream oil and gas sectors. Green companies are defined as companies having over 75% revenue deriving from Substantial Contribution to Mitigation activities under the EU Taxonomy.
Portion of AUM Assessed: $99.4B
| Holding Name | Contribution to Sector Production |
|---|---|
| NTPC Ltd | 15.6% |
| CLP Holdings Ltd | 13.2% |
| Enel SpA | 6.6% |
| Engie SA | 4.9% |
| Iberdrola SA | 4.8% |
| Fortum Oyj | 3.5% |
| Brazilian Electric Power Co | 2.5% |
| NRG Energy Inc | 2.3% |
| Nextera Energy Inc | 2.1% |
| Duke Energy Corp | 2.0% |
| Holding Name | Contribution to Sector Production |
|---|---|
| Geely Automobile Holdings Ltd | 26.9% |
| Stellantis NV | 11.4% |
| BYD Co Ltd | 8.9% |
| Toyota Motor Corp | 7.5% |
| General Motors Co | 5.4% |
| Ford Motor Co | 3.8% |
| Hyundai Motor Co | 3.7% |
| Honda Motor Co Ltd | 3.6% |
| Volkswagen AG | 3.4% |
| Maruti Suzuki India Ltd | 3.1% |
| Holding Name | Contribution to Sector Production |
|---|---|
| China Shenhua Energy Co Ltd | 85.3% |
| Glencore PLC | 6.6% |
| Yankuang Energy Group Co Ltd | 4.8% |
| Coal India Ltd | 1.2% |
| Adaro Energy Indonesia TBK PT | 0.7% |
| United Tractors Tbk PT | 0.6% |
| Exxaro Resources Ltd | 0.4% |
| Banpu PCL | 0.1% |
| Washington H Soul Pattinson and Company Ltd | 0.1% |
| Whitehaven Coal Ltd | 0.1% |
| Holding Name | Contribution to Sector Production |
|---|---|
| CNOOC Ltd | 71.7% |
| China Petroleum & Chemical Corp | 5.8% |
| PetroChina Co Ltd | 4.8% |
| BP PLC | 3.3% |
| Shell PLC | 2.9% |
| Petroleo Brasileiro SA Petrobras | 1.7% |
| Exxon Mobil Corp | 1.4% |
| TotalEnergies SE | 1.1% |
| Chevron Corp | 1.0% |
| Eni SpA | 0.7% |
HSBC Asset Management (HSBC) appears to be actively engaging with companies around climate. It has a clear strategy for engaging companies in all material climate sectors, for example, it has divided its investment universe into 12 sectors and uses proprietary scoring frameworks to develop ESG ratings that feed into the investment process. HSBC has a structure informing engagement activities and takes an objectives-led six milestones based approach towards engagements, however, milestones lack detail. The asset manager has demonstrated escalation responses following unsatisfactory engagements, however, it is unclear whether there is a clear escalation strategy.
The asset manager appears to be engaging with companies to transition business models in line with the Paris Agreement. For example, it has engaged with Glencore about the misalignment of its emissions targets with 1.5C and with BHP and Equinor on various aspects of the companies’ climate strategy. Its engagements appear to have driven significant change at the sector level and company level. HSBC has actively engaged with companies on climate policy influence, including engaging with BHP to review its trade association membership but does not appear to have provided examples in 2021 reporting. It is a highly active collaborative engager, acting as lead engager on CA100+ and co-lead investor in PRI engagements.
HSBC has described stewardship-related roles and responsibilities within the organization and appears to regularly review policies to enable effective stewardship. It is partially transparent about engagements, disclosing about some companies it is engaging with and the outcomes sought. It is partially transparent about its voting record, disclosing monthly voting summary reports, however, its documents appear to be difficult to find on its website and do not provide voting justifications.
HSBC has strongly supported climate engagement at AGMs, having voted against company chair nominations at 6 companies due to poor climate reporting in 2021 and at 8 companies in 2020. It has also co-filed a shareholder resolution at ExxonMobil calling on the company to publish its scope 3 emissions and co-filed a resolution in 2023 at Glencore pushing the company to disclose how its thermal coal production aligns with the Paris Agreement.
Insightia data suggests that HSBC has become increasingly supportive in recent years of AGM resolutions InfluenceMap categorizes as in line with the Paris Agreement, supporting 49.1% in 2019, 57.4% in 2020, 78.7% in 2021, and 71.0% in 2022.
FinanceMap's methodology to measure the engagement process on climate was developed in consultation with several of the world's leading asset managers and uses key aspects of the UK Financial Reporting Council's 2020 Stewardship Code . The Stewardship Code was chosen to benchmark engagement quality as it provides an ambitious framework and detailed definitions of what constitutes effective engagement. FinanceMap defines the term ‘engagement’ as referring to all investor actions undertaken to influence the management strategy of the companies they own including private communications with corporate management and appointed advisors; questions at AGMs/other company meetings; comments on the company in the media; escalation and the shareholder resolution process (filing, voting behavior). FinanceMap’s methodology breaks the engagement process down into a set of sub-activities and looks for evidence associated with these across publicly available data sources.
Climate-relevance categorization of shareholder resolutions is based on the IPCC’s Special Report on 1.5°C and its concluded need for “rapid and far-reaching transitions in land, energy, industry, buildings, transport, and cities.” FinanceMap scored voting on any resolution where the intent and likely outcome is consistent with this IPCC stated need. The voting data is drawn from asset managers' disclosures to the US Security Exchange Commission (SEC), asset manager websites (including third-party websites they link to), directly from the asset managers, and through specialist voting data provider Insightia. The full list of resolutions assessed is available here.
The following table outlines the key queries and data sources, which FinanceMap uses to assess asset managers' corporate engagement programs. Every evidence piece is assessed on a five-point scale of -2,-1,0,1,2 or NA (not applicable)/NS (not scored). All queries, data sources, and evidence pieces are weighted against one another in a matrix system to arrive at a final top-level score. Clicking on specific cells will load the underlying evidence and information on how it has been assessed.
HSBC appears to be actively engaging on sustainable finance policy, with mixed positions.
HSBC has consistently stated support for a role for finance in meeting the goals of the Paris Agreement, and appears to support reform to address short-termism in markets. More recently, HSBC and HSBC Global Asset Management advocated for action to achieve net-zero by 2050. In 2021 and 2022, HSBC Global Asset Management also participated in joint investor statements to governments advocating for net-zero by 2050. However, in a 2022 conference, HSBC chief executive Noel Quinn criticized climate protests and argued that transition to net-zero would be hampered if banks pulled financing to oil and gas companies. HSBC has stated broad support for regulation on sustainable finance on its website and CDP response but has appeared more cautious in its consultation responses to policymakers. Messaging from HSBC Global Asset Management appears to be more supportive of policy on sustainable finance than positions at the group level.
HSBC has been strongly supportive of improving regulated corporate ESG disclosure on its website in 2022, and mandatory TCFD reporting in a consultation response to the Commission in 2020. HSBC Global Asset Management has also advocated for mandatory implementation of the TCFD and 1.5 pathway-aligned transition plans in a joint investor statement in 2022. In response to the UK’s Financial Conduct Authority (FCA) in 2020, HSBC supported regulatory implementation of the TCFD for listed issuers and suggested greater ambition. HSBC restated this position in responses to the House of Commons’ Inquiry into decarbonization of the UK economy. However, in two Department of Work and Pensions (DWP) consultation in 2020 and 2021, subsidiary HSBC Bank Pension Trust (UK) proposed a delay to TCFD reporting requirements for occupational pension schemes. HSBC offered broad support to the ISSB Sustainability and Climate Disclosure Exposure Drafts, which are likely to inform government policy, while HSBC Bank Pension Scheme advocated for increased ambition, including a double materiality lens.
HSBC Global Asset Management stated support for the EU's taxonomy in its 2019 Responsible Investment Review. However, at a group level, in feedback to the European Commission's Technical Expert Group (TEG) in 2019, HSBC appeared to argue for a less rigorous process for classification based on market-set standards rather than scientifically determined thresholds. In response to the Commission in 2020, HSBC did not appear to support the extension of the taxonomy to cover environmentally harmful activities. In a 2022 report, HSBC supported the need for a social taxonomy in the EU.
HSBC Global Asset Management also stated high-level support for the EU Green Bond Standard in its 2020 Responsible Investment Review. However, at a group level, HSBC was less positive in its feedback to the TEG in 2019, suggesting that high standards should be balanced against not constraining "market development" and suggesting a less rigorous accreditation scheme. It also suggested additional criteria and thresholds should be clarified for non-EU issuers in response to the European Commission in 2020.
Similarly, despite HSBC Global Asset Management stating high-level support for the inclusion of ESG issues in fiduciary duty, in a 2019 ESMA consultation HSBC supported related policy to integrate ESG considerations into client advice but argued it should be introduced gradually and that advisors should be able to consider non-ESG products in suitability assessments for clients who have expressed preferences for ESG products. On its 2021 Responsible Investment Review, HSBC Global Asset Management supported the EU’s disclosures regulation (SFDR).
In response to the Commission in 2020 and CDP in 2020-2021, HSBC supported the inclusion of ESG factors in prudential regulation and incorporating ESG factors into risk management, respectively.
HSBC Global Asset Management has a disclosure of its public policy advocacy with some details of positions taken, but there does not appear to be group-level disclosure. HSBC has disclosed its trade association memberships but has not given any further details of its governance of indirect influence. At the subsidiary-level, HSBC Global Asset Management has also disclosed some of its association memberships, but no other details around indirect influence.
InfluenceMap’s methodology for assessing lobbying on sustainable finance policy closely follows InfluenceMap’s established methodology on climate policy engagement, which is used extensively by investors, including via the Climate Action 100+ investor engagement process. Our full methodology can be found here.
Under our assessment of sustainable finance lobbying, InfluenceMap considers engagement on all financial policies which intersect with climate and/or other sustainability issues. The analysis takes into account both the engagement of the financial institution and the activities of industry associations they hold membership of.
InfluenceMap’s methodology covers seven publicly available data sources, searching for evidence of engagement and corporate positioning since 2017. To determine the policy issues within the scope of the analysis, InfluenceMap breaks down sustainable finance policy engagement into a series of subcategories, or 'queries'. These are designed to cover high-level issues relating to the importance of sustainable finance, as well as more specific areas of sustainable finance policymaking. InfluenceMap’s research process searches for evidence of an organization's engagement with each sustainable finance policy issue, across each of the data sources.
The following table outlines the key queries and data sources, which FinanceMap uses to assess financial institutions’ sustainable finance policy engagement. Every evidence piece is assessed on a five-point scale of -2,-1,0,1,2 or NA (not applicable)/NS (not scored). All queries, data sources, and evidence pieces are weighted against one another in a matrix system to arrive at a final top-level score. Clicking on specific cells will load the underlying evidence and information on how it has been assessed.
In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party.
In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
HSBC co-chairs the Association of Financial Markets Europe (AFME) Sustainable Finance Steer Co.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Patrick George is on the board of AFME (last checked September 2023).
Patrick George (Head of Global Markets EMEA and Global Head of ICG, HSBC)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
HSBC co-chairs the Association of Financial Markets Europe (AFME) Sustainable Finance Steer Co.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Patrick George is on the board of AFME (last checked September 2023).
Patrick George (Head of Global Markets EMEA and Global Head of ICG, HSBC)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Mark Tucker is on the board of the IIF
Mark Tucker (Group Chairman, HSBC Holdings PLC)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Daniel Klier, Group Head of Strategy and Global Head of Sustainable Finance for HSBC is the chair of the sustainable finance working group
Daniel Klier
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Mark Tucker is on the board of the IIF
Mark Tucker (Group Chairman, HSBC Holdings PLC)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Daniel Klier, Group Head of Strategy and Global Head of Sustainable Finance for HSBC is the chair of the sustainable finance working group
Daniel Klier
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
HSBC is a member of SIFMA
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of December 2022, Mark Steffensen is on the board of SIFMA.
Mark Steffensen (Senior Executive Vice President & General Counsel, HSBC)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
HSBC is a member of SIFMA
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of December 2022, Mark Steffensen is on the board of SIFMA.
Mark Steffensen (Senior Executive Vice President & General Counsel, HSBC)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Jeroen Krens is a member of the board of directors of ISDA.
Jeroen Krens (Managing Director, Credit, Rates & Emerging Markets - HSBC Bank Plc)
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
HSBC is a member of ISDA.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Jeroen Krens is a member of the board of directors of ISDA.
Jeroen Krens (Managing Director, Credit, Rates & Emerging Markets - HSBC Bank Plc)
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
HSBC is a member of ISDA.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Nicolas Moreau is a board member at The Investment Association (last checked September 2023).
Nicolas Moreau (CEO - HSBC Global Asset Management)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Nicolas Moreau is a board member at The Investment Association (last checked September 2023).
Nicolas Moreau (CEO - HSBC Global Asset Management)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
As of December 2022, Ian Stuart is on the board of UK Finance
Ian Stuart (CEO HSBC UK Bank)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
HSBC Bank Plc / HSBC Global Banking & Markets / HSBC Holdings plc HSBC Investment Bank plc / HSBC Invoice Finance (UK) Ltd / HSBC Merchant Services / HSBC Private Bank Limited / HSBC Trust Company (UK) Ltd are members of UK Finance
InfluenceMap Data Point on Corporate - Influencer Relationship
As of December 2022, Ian Stuart is on the board of UK Finance
Ian Stuart (CEO HSBC UK Bank)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
HSBC Bank Plc / HSBC Global Banking & Markets / HSBC Holdings plc HSBC Investment Bank plc / HSBC Invoice Finance (UK) Ltd / HSBC Merchant Services / HSBC Private Bank Limited / HSBC Trust Company (UK) Ltd are members of UK Finance
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Carl Stewart is on the board of MFA
Carl Stewart (Vice Chairman, HSBC)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
HSBC Global Banking and Markets is a strategic partner of the MFA. As of February 2022, HSBC in no longer on the board of the MFA.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
HSBC Global Banking and Markets is a strategic partner of the MFA. Unclear whether HSBC still holds a board membership, as MFA no longer discloses its board.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Patrick George (Head of Global Markets EMEA & Global Head of ICG HSBC Bank Plc) is a director of the MFA
Patrick George
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Carl Stewart is on the board of MFA
Carl Stewart (Vice Chairman, HSBC)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
HSBC Global Banking and Markets is a strategic partner of the MFA. As of February 2022, HSBC in no longer on the board of the MFA.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
HSBC Global Banking and Markets is a strategic partner of the MFA. Unclear whether HSBC still holds a board membership, as MFA no longer discloses its board.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Patrick George (Head of Global Markets EMEA & Global Head of ICG HSBC Bank Plc) is a director of the MFA
Patrick George
InfluenceMap Data Point on Corporate - Influencer Relationship
Alison Hatcher is on the board of PLSA which is a national association member of PensionsEurope (last checked September 2023).
Alison Hatcher (HSBC Retirement Services)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
Alison Hatcher is on the board of PLSA which is a national association member of PensionsEurope (last checked September 2023).
Alison Hatcher (HSBC Retirement Services)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
HSBC is a member of UK Finance which is a national association member of EBF (last checked September 2023).
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
HSBC is a member of UK Finance which is a national association member of EBF (last checked September 2023).
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
As of December 2022, HSBC Life (UK) Limited (HSBC Holdings plc) is a member of ABI which is a national association member of Insurance Europe
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
As of December 2022, HSBC Life (UK) Limited (HSBC Holdings plc) is a member of ABI which is a national association member of Insurance Europe
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of December 2021, HSBC is an associate member of Japanese Bankers Association
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of December 2021, HSBC is an associate member of Japanese Bankers Association
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of December 2022, HSBC Bank Pension Trust and HSBC Global Asset Management are members of the IIGCC
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of December 2022, HSBC Bank Pension Trust and HSBC Global Asset Management are members of the IIGCC
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
HSBC Life (UK) Limited is a member of the ABI (last checked September 2023).
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
HSBC Life (UK) Limited is a member of the ABI (last checked September 2023).
not specified
--no extract--
Open PDF file of Data Source
Open PDF file of Data Source