Shenwan Hongyuan, also known as SHY, is a prominent financial services firm headquartered in Hong Kong. Established in 1991, the company has grown to become a key player in the investment banking and asset management sectors, with a strong presence across Asia-Pacific and beyond. Specialising in securities brokerage, wealth management, and investment advisory services, Shenwan Hongyuan distinguishes itself through its comprehensive approach and commitment to client-centric solutions. The firm has achieved significant milestones, including strategic partnerships and expansions that enhance its market position. Recognised for its innovative financial products and robust research capabilities, Shenwan Hongyuan continues to solidify its reputation as a trusted partner in navigating the complexities of the financial landscape.
How does Shenwan Hongyuan'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.
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.
Shenwan Hongyuan's score of 30 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Shenwan Hongyuan (H.K.) Limited reported total carbon emissions of approximately 522,540 kg CO2e. This figure includes about 4,890 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and about 501,320 kg CO2e from Scope 2 emissions related to purchased electricity. The combined Scope 1 and 2 emissions totalled around 506,210 kg CO2e. Comparatively, in 2022, the company's total emissions were about 573,910 kg CO2e, indicating a reduction of approximately 51,370 kg CO2e year-on-year. The Scope 1 emissions for 2022 were about 5,720 kg CO2e, while Scope 2 emissions accounted for around 550,250 kg CO2e. Shenwan Hongyuan has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or climate pledges. The emissions data is not cascaded from a parent company, indicating that the figures are independently reported by Shenwan Hongyuan (H.K.) Limited. Overall, the company is making strides in reducing its carbon footprint, with a notable decrease in emissions from 2022 to 2023, reflecting a commitment to improving its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 287,000 | 000,000 | 000,000 |
| Scope 2 | 8,701,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000 | 00,000,000 |
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.
Shenwan Hongyuan 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.
