Hang Seng Bank Ltd
Hang Seng Bank's Climate Target Data Preview
As of 2024, Hang Seng Bank has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Hang Seng Bank ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
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Verified Sources Behind Hang Seng Bank’s Climate Targets Data
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Insights into Hang Seng Bank's Greenhouse Gas Emissions Pathways
As of 2024, Hang Seng Bank has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a
Does Hang Seng Bank have a target to reduce the emissions from its operations?
As of 2024, Hang Seng Bank has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Hang Seng Bank's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 20,694.381 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018. a
Hang Seng Bank has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a