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We aim to be a domestic leader in reducing the environmental impact of our daily operations by adopting a smart environmental policy and offering customers a wider range of green business and sustainable finance solutions to promote environmental stewardship.
Sustainable finance: approved 14 green loans and 15 sustainability linked loans with loan amount of HKD17 billion in 2022 (as of Sep 2022)
2022 Target Reduction on electricity consumption: 7.5% [1] (reduced 14.8% as of June 2022)
2022 Target Reduction on GHG (Scope 1 and 2) emission[2] by 7.5%[3] (reduced 26.8% as of June 2022)
We provide sustainable financing services to help our customers’ transition to low-carbon economy. In addition, we manage the Bank’s credit risk exposure to climate-sensitive sectors.
We are committed to conducting our activities in an environmentally responsible manner and developing a range of environmental policy and corporate environmental management practices to promote sustainable development.
Our ambition is to achieve carbon-neutrality for our operations by 2030. Accordingly, we have established targets to reduce our electricity consumption and Scope 2 greenhouse gas emissions and to source electricity from renewable energy schemes hosted by local providers.
We have also set short, medium and long-term targets for water consumption, paper consumption, greenhouse gas emissions, and waste reduction and recycling.
For details, please refer to the key metrics in our Environmental, Social and Governance Report 2021.
As one of Hong Kong’s largest listed companies, we are well positioned to champion environmental stewardship. In 2021, our work in this area has included:
3rd quarter of 2022:
2nd quarter of 2022:
1st quarter of 2022: