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 30 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Shenwan Hongyuan's reported carbon emissions
In 2023, Shenwan Hongyuan reported total carbon emissions of approximately 522,540 kg CO2e in Hong Kong, with Scope 1 emissions from mobile combustion at about 4,890 kg CO2e and Scope 2 emissions from purchased electricity at around 501,320 kg CO2e. The total emissions for 2022 were approximately 573,910 kg CO2e, indicating a reduction in emissions year-on-year. In 2021, the company recorded total emissions of about 640,500 kg CO2e, with Scope 1 emissions at approximately 6,000 kg CO2e and Scope 2 emissions at around 603,200 kg CO2e. The trend shows a commitment to reducing emissions over the years, with a notable decrease from 2020, where total emissions were approximately 666,050 kg CO2e. Despite these reductions, Shenwan Hongyuan has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor and report its emissions across all relevant scopes, including Scope 3 emissions from purchased goods and services, which were approximately 17,940 kg CO2e in 2022 and 37,110 kg CO2e in 2020. Overall, while Shenwan Hongyuan has demonstrated a commitment to reducing its carbon footprint, further transparency regarding specific climate commitments and reduction targets would enhance its sustainability profile.
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Add to project| 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 |
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 committed to any reduction initiatives 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.
