Hong Leong Bank Bhd
Hong Leong Bank's Climate Target Data Preview
As of 2024, Hong Leong 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 Hong Leong 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.  | 2026 |
This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Hong Leong Bank's Greenhouse Gas Emissions Pathways
As of 2024, Hong Leong 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.
Does Hong Leong Bank have a target to reduce the emissions from its operations?
As of 2024, Hong Leong Bank has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Hong Leong Bank's most ambitious operational target is to reduce these emissions by 15% by 2026, compared to a baseline of 35,792 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
Hong Leong Bank has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2026 value, achieving its climate goal ahead of schedule.