Futu Holdings Limited Sustainability Profile
Futu Holdings Limited, often referred to simply as Futu, is a prominent financial technology company headquartered in Hong Kong. Founded in 2012, Futu has rapidly established itself in the online brokerage industry, primarily serving clients across Asia and the United States. The company offers a suite of innovative services, including stock trading, wealth management, and investment advisory, all delivered through its cutting-edge digital platform, Futubull. Futu's unique approach combines advanced technology with user-friendly interfaces, catering to both retail and institutional investors. Notable achievements include significant user growth and recognition for its robust trading capabilities, positioning Futu as a leader in the fintech space. With a commitment to enhancing the investment experience, Futu Holdings continues to redefine the landscape of online trading and investment services.
DitchCarbon Score
How does Futu Holdings Limited'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
Futu Holdings Limited's score of 21 is lower 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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Futu Holdings Limited's reported carbon emissions
In 2024, Futu Holdings Limited reported total emissions of approximately 10,004,000 kg CO2e, comprising 249,800 kg CO2e from Scope 1 (direct emissions), 142,200 kg CO2e from Scope 2 (indirect emissions from electricity), and 9,612,100 kg CO2e from Scope 3 emissions. This data highlights the company's significant reliance on indirect emissions, which represent the majority of their carbon footprint. Comparatively, in 2022, Futu Holdings recorded total emissions of approximately 1,339,000 kg CO2e, with Scope 3 emissions accounting for 7,000 kg CO2e. In 2021, the total was approximately 1,305,000 kg CO2e, with Scope 3 emissions at 6,000 kg CO2e. This indicates a substantial increase in emissions in 2024, particularly in Scope 3, which may warrant further investigation into the factors contributing to this rise. Futu Holdings has not disclosed any specific reduction targets or initiatives, nor are there any commitments to industry-standard climate initiatives such as the Science Based Targets initiative (SBTi). The absence of documented reduction strategies suggests that the company may need to enhance its climate commitments to align with global sustainability goals. Overall, Futu Holdings Limited's emissions profile reflects a significant environmental impact, particularly from Scope 3 emissions, and highlights the need for strategic climate action moving forward.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | - | - |
| Scope 3 | 6,000 | 0,000 |
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Futu Holdings Limited'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.
Futu Holdings Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
