Company: HBCYF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001089113-25-000040
Chunk: 107

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-20
Form: 20-F
Chunk 107
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| Revisions                              | Reportingmetrics | Previouslyreported |         | Restated metrics |           | Percentagechange |      |
|                                        |                  |               2019 |    2023 |             2019 |      2023 |             2019 | 2023 |
| Category 1:Purchased Goods andServices | tonnes CO2e      |            829,635 | 859,256 |        1,033,972 |   880,494 |              25% |   2% |
| Category 2: CapitalGoods               | tonnes CO2e      |             37,617 | 121,783 |           50,651 |   123,763 |              35% |   2% |
| Total Supply chain                     | tonnes CO2e      |            867,252 | 981,039 |        1,084,623 | 1,004,257 |              25% |   2% |
| Energy consumption                     | kWh in 000s      |            913,556 |     n/a |        1,049,072 |       n/a |              15% |  n/a |

W e apply reviewed and updated emission uplift rates to reflect uncertainty concerning the quality and coverage of emission measurement and estimation. This approach is consistent with both the Intergovernmental Panel on Climate Change’s Good Practice Guidance and Uncertainty Management in National Greenhouse Gas Inventories and our internal analysis. Our calculation methodology for supply chain emissions follows the spend-based method under the GHG protocol; a combination of supplier emissions data and industry averages. We source actual data via CDP, or direct engagement with suppliers, and in the absence of this we use estimations from a new data provider and then industry average carbon intensities from CDP to estimate supply chain emissions. As more of our suppliers report their emissions, we should be able to include more accurate data and fewer industry averages in the calculation. We have applied a data quality score to the sources of data we used to determine counterparty emissions. For further details, see our GHG Reporting Guidance at www.hsbc.com/esg In 2024 we conducted a materiality assessment on upstream scope 3 categories, and we have identified categories 1 (purchased goods and services), 2 (capital goods), and 6 (business travel) as material. Our approach to re-baselines and restatements We re-baselined our