Hang Seng ranks first in the list of Equileap Gender-Equal Companies among the local banks in Hong Kong in 2022. We are also constituent of a variety of indices, including MSCI Pacific ex Japan SRI Index, FTSE4GOOD, Hong Kong Business Sustainability Index and Hang Seng Corporate Sustainability index.
For more details of Awards and recognition, please go to Useful links at the bottom of this page.
In an effort to step up our commitment to mitigating climate change, we aim to reduce carbon emissions from our own operations to net zero by 2030. We are also contributing to the HSBC Holdings plc’s ambitions of becoming net zero in its supply chain by 2030 and aligning the financed emissions in its portfolio of customers to net zero by 2050.
Managing climate-related risks requires a concerted effort across different industries. In order to support our customers in transitioning to a low carbon economy, we have been diversifying our products and services with a focus on sustainable finance to cater for the different needs of customers. In 2022, Hang Seng Investment Management Limited launched the first ESG exchange-traded fund based on the Hang Seng Index. In addition, we launched the green deposit programme to offer our corporate customers the opportunity to invest their surplus funds in sustainable projects.
Hang Seng Bank aspires to become a leading entity to drive ESG in the banking industry. To achieve this, we are stepping up the consideration and inclusion of ESG issues with respect to our products, services, operations and disclosures.
We are aware that we need to continue to broaden the variety of our products and services, as well as increase our contribution to tackling issues that require a global response. In particular, we shall focus on sustainable finance that addresses one out of many major and urgent challenges of climate change.
Hang Seng Bank is now more ESG-focused. Watch the video to learn more about our ESG implementation plan for 2021 and beyond.
You can read more about our sustainability news here: https://www.hangseng.com/en-hk/hangsengstories/community/