Far East Horizon Sustainability Profile
Far East Horizon, headquartered in Hong Kong, is a leading player in the financial services and leasing industry, specialising in asset management and financial leasing solutions. Founded in 2000, the company has established a strong presence across Asia, particularly in China, where it has achieved significant milestones in operational growth and market expansion. The firm offers a diverse range of services, including equipment leasing, financial advisory, and investment management, distinguished by its innovative approach and customer-centric solutions. Far East Horizon is recognised for its robust market position, consistently ranking among the top financial leasing companies in the region. With a commitment to excellence and sustainability, the company continues to drive value for its clients and stakeholders in an ever-evolving economic landscape.
DitchCarbon Score
How does Far East Horizon's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Far East Horizon's score of 69 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Far East Horizon's reported carbon emissions
In 2024, Far East Horizon, headquartered in Hong Kong, reported total carbon emissions of approximately 1,762,053,400 kg CO2e, comprising 51,912,240 kg CO2e from Scope 1, 58,965,140 kg CO2e from Scope 2, and a significant 1,760,205,340 kg CO2e from Scope 3 emissions. This marked a slight decrease from 2023, where total emissions were about 2,209,781,400 kg CO2e, with Scope 1 and 2 emissions at 71,591,940 kg CO2e and 61,769,630 kg CO2e, respectively. Far East Horizon has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 emissions by 42% by 2030, using 2022 as the base year. Additionally, the company targets an 8% reduction in greenhouse gas emission intensity per unit of revenue from 2021 to 2025. Furthermore, they strive for carbon neutrality across their entire value chain by 2050. The company’s near-term targets align with the Science Based Targets initiative (SBTi), covering 88% of its total investment and lending by total assets as of 2022. These targets are consistent with the reductions required to limit global warming to 1.5°C. Far East Horizon's commitment to sustainability reflects its proactive approach to addressing climate change within the financial services sector.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 204,084,390 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 68,539,310 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Far East Horizon's Industry?
How Carbon Intensive is Far East Horizon's Location?
Far East Horizon's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Far East Horizon has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
