HSBC Holdings Plc said it did $54.1 billion in deals it categorized as sustainable finance in the first half of 2025, marking a 19% increase from the same period a year ago by Europe’s biggest bank.

The dealmaking, announced in connection with HSBC’s interim results on Wednesday, means the bank has now provided $447.7 billion in sustainable finance since the beginning of 2020 through loans, underwriting services and investments, compared with a 2030 goal of between $750 billion and $1 trillion, it said.