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HSBC Holdings
HSBC Holdings
Accountability score*: 56
Global 500 rank: 26
Sector: Financial
Region: Europe

Behind Vodafone, HSBC - the London-based global bank - comes in second among non-energy and utility companies on this year's list. It fell a few spots from last year, from No. 4 to No. 7. Partly, that's because this year's ranking methods changed slightly. Companies are expected to improve, not just keep up last year's practices. And banks like HSBC that don't have obvious big carbon-dioxide footprints, are expected to do a better job addressing the social and environmental impacts of, say, the companies in their loan portfolio, not just their own facilities. Fortunately for HSBC, it does that better than any other bank. HSBC follows the World Bank's Equator Principles in its lending, and set up its own sector guidelines that companies in areas like forestry and chemicals must follow to win loans.
*out of a maximum score of 100
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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.