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.
2023 Target Reduction on electricity consumption: 10% (reduced by 15% as of December 2022)
2023 Target Reduction on GHG (Scope 1 and 2) emissions :7.5% (reduced by 28.6% as of December 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.
To protect the planet for present and future generations, we are endeavouring to optimise the use of resources. We aim to conduct our business in an environmentally-conscious manner and advocate for good practices in our value chain.
We aim to reduce carbon emissions from our own operations to net zero by 2030. Accordingly, we have established targets to reduce our electricity consumption, greenhouse gas emissions (Scope 1 and 2) and to source electricity from renewable energy schemes hosted by local providers.
We have also set our 2023 targets for water consumption, paper consumption, and waste diversion and reduction.
For details, please refer to our Environmental, Social and Governance Report 2022.
As a listed company in Hong Kong, we strive to minimise the negative environmental impact of our business activities. In 2022, examples of our work in this area included:
Environmental highlights in 2022: