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Our
concern for the environment begins with
our own operations and extends into our
relationships with customers, suppliers
and the wider community. We continue to
take actions to minimise the negative impacts
of our business, engage in activities that
have a positive effect on the environment
and promote greater responsibility through
our investment and financing policies. |
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The Bank set up its Environmental Policy and the Environmental Management Committee in 2003, which implements and monitors our environmental management system, particularly compliance with ISO 14001 requirements. |
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Launched
in 2003, our 'HANG SENG Go Green Staff
Awareness Campaign' encourages employees
to strive for continual improvement in
environmental performance and helps raise
awareness through various staff communication
channels. |
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Initiatives taken in 2009 include upgrading our
headquarters building management system
and installing energy-saving lighting system. In 2009, the Bank reduced
greenhouse gas emissions by 4.6% per FTE. |
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In 2009, we replaced the air-cooled chillers in our headquarters building with water-cooled ones.
This cut our electricity consumption by about 1.9 million kWh per year and reducing our carbon dioxide emissions by more than 1,700 tonnes. |
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We
continually monitor our use of resources
and encouraging the adoption of recycled
or environmentally responsible materials.
We have an established system for paper,
plastic, aluminum can and spent battery
recycling and make efforts to find a new
home for equipment and materials that we
no longer use. We have achieved recycling rates of 96 per cent for toner and printer ink cartridges and 99 per cent for obsolete computer equipment.
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We
work with environmental organisations and
our suppliers on enhancing our efforts
to help conserve biodiversity. As part
of these efforts, we do not serve shark's
fin, endangered reef fish species or black
moss at any Hang Seng function. |
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Social
and environmental considerations form an
important part of our lending and financing
polices and we incorporate environmental
risk assessments into our credit decisions.
We support the Equator Principles, which
are used to assess and manage environmental
and social risks in project financing.
We also have guidelines for lending to
companies in environmentally sensitive
sectors such as the chemical industry,
forestry and freshwater infrastructure. |
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The Bank is carbon neutral since 2007. |
 Environment
Activities
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More than 334,000 Personal
e-Banking accounts and over 62,000 shareholders
now receive materials electronically,
resulting in an annual saving of over
18 million sheets of paper. |
Biogas
Toilet Project
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Since 2007, the Bank has financed the construction of 1,100 biogas toilets for about 4,600 villagers in Yunnan. Under the project, methane
- which is released from pig manure and
human
waste collected in a specially-designed
underground pit - is channelled to provide
a free and stable energy supply for cooking
and lighting. The project helps save 2,700 tons of firewood every year and reduce carbon
dioxide emissions by 13,750 tons every
year. The project was initiated by the
Conservancy Association. |
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The biogas toilets
were built with the help of a team of
Bank volunteers. |
PRD Environmental awards
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The Hang Seng Pearl River Delta Environmental Awads was launched in 2007, aims to encourage manufacturing companies in the Pearl River Delta region to continually enhance their environmental performance by recognising and rewarding their achievements. In 2009/10, participating companies have introduced measures to reduce waste by 140,000 tons, water usage by 1.87 million cubic metres and electricity consumption by over 97 million kWh. |
Tuen Mun Reforestation Scheme
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In 2010, Hang Seng has planted 10,000 trees at Tuen Mun and is helping to maintain the site for three years (2010-2012) with support from Friends of the Earth (HK). The initiative can help absorb over 190 tons of carbon dioxide, and release over 1,000 tons of oxygen, sufficient for 30,000 people each year. The Bank has planted 70,000 trees in country parks of Hong Kong since 1999. |
Environmental
Awards
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The Bank has been awarded the 2nd Runner-up of the Biggest Percentage Saver Award (Property Management) at Friends of the Earth (HK)'s Power Smart Contest 2010. |
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The Bank won the Gold Award under the “Financial, Insurance and Accounting Institutions” sector of the Hong Kong Awards for Environmental Excellence organised by the Environmental Campaign Committee in 2009. |
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The Bank's "Hang Seng Go Green" programme received a Silver
Award at the 8th China Golden Awards for Excellence in Public Relations organised by the China
International Public Relations Association. |
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In 2007, Hang
Seng Bank was named the winner of the
award for Environmental Excellence at
the 2007 Asian CSR Awards organised by
the Centre for Corporate Responsibility
of the Asian Institute of Management.
The Bank also won an Environmental Performance
Certificate of Merit at the Hong Kong
Awards for Industries. |
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In 2006, Hang Seng was named
Green Enterprise of the Year by the Federation
of Hong Kong Industries for its sound
environmental practices. |
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In 2005, the Bank became the
first local financial institution to
receive ISO 14001 certification. |
Environmental
Performance
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2009
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2008
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2007
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2006
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2005
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2009
vs 2008 (%)
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2009
vs 2007 (%)
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Greenhouse
gas emission per person * (tonnes CO2/
FTE)
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3.13
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3.28
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3.30
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3.30
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3.61
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-4.57
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-5.15
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Greenhouse
gas emission per m2 * (tonnes CO2/ m2)
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0.17
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0.20
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0.20
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0.20
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0.21
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-15.00
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-15.00
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| Greenhouse
gas emission * (kilotonnes CO2) |
24.52
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27.40
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26.70
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25.30
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26.40
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-10.51
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-8.16
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Electricity
consumption (GWh)
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36.50
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38.10
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35.90
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34.10
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33.30
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-4.20
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1.67
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Gas
consumption (GWh)
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0.40
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0.42
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0.70
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0.82
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0.86
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-4.76
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-42.86
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Water
consumption (000 m3)
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55.85
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50.80
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54.10
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70.40
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91.10
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9.94
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3.23
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IT
/ electrical waste recycled (tonnes)
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85.03
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64.90
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59.00
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41.70
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38.80
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31.02
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44.12
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Data coverage
: Hang Seng Bank's Hong Kong operations
Key :
CO2: Carbon dioxide
FTE : Full-time equivalent
GWh : Gigawatt hours
m2 : Square metres
m3 : Cubic metres
* Hang Seng Bank's Hong Kong operations have been carbon neutral since 2007
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