Annual Report and Accounts

Overview

The report presents HSBC Bank Malta's strong 2023 performance, including €133.9m profit before tax, alongside extensive sustainability disclosures. The company reports a net-zero aim for its own operations and supply chain by 2030 or sooner, with climate-risk governance and EU Taxonomy KPIs detailed in the Directors' Report. Locally, the HSBC Malta Foundation supported Future Skills, energy-efficiency research, environmental projects and 299 newly enrolled students in the Prince's Trust programme. The report also describes the bank's integration of climate and ESG risks into credit and enterprise-wide risk management.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2023
Period: 1 January 2023 – 31 December 2023
Publication date: 21 February 2024
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Statement included

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