Hong Leong Bank (Cambodia) PLC Sustainability Profile
Hong Leong Bank (Cambodia) PLC, a prominent player in the Cambodian banking sector, is headquartered in Phnom Penh. Established in 1994, the bank has steadily expanded its operations across key regions in Cambodia, offering a comprehensive range of financial services. As part of the Hong Leong Group, the bank is renowned for its commitment to innovation and customer-centric solutions. Core products include personal and business banking services, loans, and investment options, all designed to meet the diverse needs of its clientele. With a strong market position, Hong Leong Bank (Cambodia) has achieved notable milestones, including recognition for its digital banking initiatives. The bank continues to play a vital role in supporting Cambodia's economic growth while maintaining a focus on sustainable practices.
DitchCarbon Score
How does Hong Leong Bank (Cambodia) PLC'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
Hong Leong Bank (Cambodia) PLC's score of 45 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hong Leong Bank (Cambodia) PLC currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The bank is a current subsidiary of Hong Leong Bank Berhad, which may influence its climate commitments and initiatives. As a part of its corporate family, Hong Leong Bank (Cambodia) PLC inherits climate-related data and initiatives from its parent company, Hong Leong Bank Berhad, at a cascade level of 1. However, no specific reduction targets or significant achievements in emissions reduction have been documented for Hong Leong Bank (Cambodia) PLC. The bank's climate commitments and initiatives may align with broader strategies from its parent organisation, but specific details regarding SBTi targets or other climate pledges are not available. As such, the bank's current stance on carbon emissions and climate action remains vague, with no defined metrics or goals disclosed.
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Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 226,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 9,991,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Hong Leong Bank (Cambodia) PLC's Industry?
How Carbon Intensive is Hong Leong Bank (Cambodia) PLC's Location?
Hong Leong Bank (Cambodia) PLC's Scope 3 Categories Breakdown
Hong Leong Bank (Cambodia) PLC's Scope 3 emissions, which increased by 12% last year and increased by approximately 8% since 2019, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 34% of total emissions under the GHG Protocol, with "Investments" being the largest emissions source at 13598% of Scope 3 emissions.
Top Scope 3 Categories
Hong Leong Bank (Cambodia) PLC'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.
Hong Leong Bank (Cambodia) PLC 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.
