Company: HBCYF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001089113-25-000040
Chunk: 79

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-20
Form: 20-F
Chunk 79
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 We also reportdata on downstream activities for financedemissions (category 15). |
| For further breakdown of our scope 1, 2 and 3 emissions, see our ESG Data Pack at www.hsbc.com/esg.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 1    Our analysis of financed emissions comprises ‘on-balance sheet financed emissions’ and ‘facilitated emissions’.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |

| Our ownoperations andsupply chainSee page58 | Scope 2Indirect                    |     | Scope 3Indirect                        |     | Scope 1Direct     |     | Scope 31Indirect |     | Our financedemissionsSeepage46                 |
|                                             | Electricity,steamheatingandcooling |     | Purchasedgoods andservices(Category 1) |     | Companyfacilities |     |                  |     |                                                |
|                                             |                                    |     |                                        |     | Companyvehicles   |     |                  |     |                                                |
| Business travel(Category 6)                 | Capital goods(Category 2)          |     |                                        |     |                   |     |                  |     | Investments andfinanced emissions(category 15) |

Upstream activities Downstream activities HSBC Holdings

Assurance relating to ESG metrics

| TCFD |

HSBC Holdings plc is responsible for preparation of the ESG information and all supporting records, including selecting appropriate measurement and reporting criteria, in this Form 20-F, ESG Data Pack and the additional reports published on our website. We recognise the importance of ESG disclosures and the quality of data underpinning them. We also acknowledge that our internal processes to support ESG disclosures continue to be developed and that currently they partly rely on manual sourcing and categorisation of data. Certain aspects of our ESG disclosures are subject to enhanced verification and assurance procedures including the first, second and third lines of defence. Assurance assists with reducing the risk of misstatement, although it cannot be fully eliminated given the challenges in data, evolving methodologies and emerging standards. We aim to continue to enhance our approach in line with external regulations and expectations. For 2024, ESG metrics are subject to stand- alone independent limited third-party assurance in accordance with the International Standard on Assurance Engagements 3000 (Revised) ‘Assurance Engagements other than Audits or Reviews of Historical Financial Information’ and, in respect of the greenhouse gas emissions, in accordance with the International Standard on Assurance Engagements 3410 ‘