Company: HBCYF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001089113-25-000040
Chunk: 80

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-20
Form: 20-F
Chunk 80
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Assurance Engagements on Greenhouse Gas Statements’, issued by the International Auditing and Assurance Standards Board, on the following specific ESG metrics: – our use of proceeds from Green Bond issuances 2024 (published in December 2024); – our cumulative sustainable finance and investment provided and facilitated from 1 January 2020 to 31 December 2024 (see page 43 ) ; – our on-balance sheet financed emissions for 2023 for six sectors, our on-balance sheet financed emissions for 2021 and 2022 for thermal coal mining, and our facilitated emissions for two sectors for 2023 (see page 54 ); – our thermal coal financing drawn balance exposures for 2021 and 2022 ( see page 60 ); – our own operations’ scope 1, 2 and 3 (business travel) greenhouse gas emissions data (see page 57 ), as well as supply chain emissions (purchased good and services, and capital goods) data; and – our re-baselined 2019 intensity metric and the scope 1 and 2 financed emission intensity achieved by 31 December 2023 for our HSBC asset management business (see page 55 ). The work performed for independent limited assurance is substantially less than the work performed for a reasonable assurance opinion, such as that provided for financial statements. Our data dictionaries and methodologies for preparing the above ESG-related metrics and independent third-party limited assurance reports can be found at www.hsbc.com/who-we-are/esg- and-responsible-business/esg-reporting-centre.

| HSBC Holdings plcAnnual Report on Form 20-F | 43 |

Supporting our customers

Sustainable finance and investment

| TCFD |

We aim to help our customers transition to net zero and a sustainable future by providing and facilitating between $750bn and $1tn of sustainable finance and investment by 2030. Our sustainable finance and investment ambition aims to help promote green, sustainable and socially-focused business and sustainable investment products and solutions. Since 1 January 2020, we have provided and facilitated a cumulative $ 352.5 b n of sustainable finance and $ 41.1 bn of ESG and sustainable investing, as defined in our Sustainable Finance and Investment Data Dictionary 2024. This included 39% where the use of proceeds was dedicated to green financing, 12% to social financing, and 15% to other sustainable financing. It also included 24% of sustainability-linked financing and 10