Hong Leong Bank

Hong Leong Bank, headquartered in Malaysia and operating within financial intermediation services, has reported its carbon emissions data from 2016 to 2025.

For the most recent reporting year, 2025, Hong Leong Bank's total reported emissions were approximately 38.3 million kg CO2e. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 95,000 kg CO2e, Scope 2 emissions amounted to approximately 24.4 million kg CO2e, and Scope 3 emissions totalled around 12.8 million kg CO2e. Key contributors to Scope 3 emissions in 2025 included employee commute (about 10.1 million kg CO2e) and investments (approximately 1.9 billion kg CO2e).

In 2024, the bank's total emissions were approximately 41.2 million kg CO2e, comprising about 102,000 kg CO2e for Scope 1, 26.4 million kg CO2e for Scope 2, and 13.7 million kg CO2e for Scope 3.

Between 2016 and 2025, Hong Leong Bank has observed fluctuations in its total carbon emissions. For instance, total emissions in 2020 were around 43.9 million kg CO2e, with Scope 2 emissions being a significant contributor at approximately 33.3 million kg CO2e. In 2019, total emissions were approximately 47.2 million kg CO2e, driven by Scope 2 emissions of about 33.4 million kg CO2e and Scope 3 emissions of around 12.7 million kg CO2e.

The provided data indicates that Hong Leong Bank is a current subsidiary of Hong Leong Bank Berhad, with its climate performance and initiatives originating from this parent entity at cascade level 0. While the bank's sustainability reports highlight efforts such as a decrease in electricity consumption in Malaysia and investments in community initiatives, specific quantitative reduction targets are not detailed in the provided information. The data also notes that purchased goods and services is a missing Scope 3 data point for several reporting years.