Shenwan Hongyuan
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.
DitchCarbon Score
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.
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
Shenwan Hongyuan's score of 32 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Shenwan Hongyuan's reported carbon emissions
In 2023, Shenwan Hongyuan reported total carbon emissions of approximately 522,540 kg CO2e from its operations in Hong Kong. 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, which are attributed to purchased electricity. The combined Scope 1 and 2 emissions totalled around 506,210 kg CO2e. Globally, the company’s emissions for the same year reached approximately 13,776,550 kg CO2e, with Scope 1 emissions at about 442,900 kg CO2e, Scope 2 emissions at approximately 13,333,650 kg CO2e, and Scope 3 emissions at around 17,286,790 kg CO2e. Comparatively, in 2022, Shenwan Hongyuan's total emissions in Hong Kong were about 573,910 kg CO2e, indicating a reduction in emissions in 2023. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments, nor has it engaged with the Science Based Targets initiative (SBTi) for formal reduction targets. Overall, while Shenwan Hongyuan has made strides in reducing its emissions, further transparency regarding its climate strategies and commitments would enhance its sustainability profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 14,680 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 601,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 33,890 | - | 0,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Shenwan Hongyuan is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
