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The Hong Kong Monetary Authority (HKMA) serves as the central banking institution of Hong Kong, headquartered in the vibrant city of Hong Kong (HK). Established in 1993, the HKMA plays a pivotal role in the financial intermediation services sector, specifically excluding insurance and pension funding services. Its primary responsibilities include maintaining monetary stability, managing the Exchange Fund, and overseeing the banking sector.
The HKMA is renowned for its unique approach to monetary policy and financial regulation, ensuring a robust and resilient financial system. With a strong market position, it has achieved notable milestones, including the successful implementation of the Linked Exchange Rate System. The authority's commitment to innovation and stability has solidified its reputation as a key player in the global financial landscape, making it an essential institution for both local and international stakeholders.
+25 vs industry average
Hong Kong Monetary Authority’s score of 62 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
The Hong Kong Monetary Authority, a financial intermediation services provider based in HK, reported total emissions of approximately 8,216,750 kg CO2e in 2025. This includes Scope 1 emissions of approximately 14,140 kg CO2e, market-based Scope 2 emissions of about 3,010,870 kg CO2e, and Scope 3 emissions of approximately 5,191,740 kg CO2e. Key categories within Scope 3 were purchased goods and services (3,964,480 kg CO2e), employee commute (686,730 kg CO2e), and capital goods (386,930 kg CO2e).
Looking back, the organisation's total emissions were approximately 10,421,690 kg CO2e in 2024 and about 8,429,860 kg CO2e in 2023.
The Hong Kong Monetary Authority has established climate commitments, including a near-term net-zero target for Scope 1 emissions, aiming for all banks to achieve net zero in their own operations by 2030. They also have a near-term intensity target to reduce the weighted average carbon intensity (WACI) of the Exchange Fund’s public equities by 67% from 2017 levels by 2030, which pertains to Scope 2 emissions.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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