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 higher than 54% 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, with Scope 1 emissions at about 4,890 kg CO2e and Scope 2 emissions at approximately 501,320 kg CO2e. This data reflects their operational footprint in Hong Kong. The company has not disclosed any Scope 3 emissions for this year. Comparatively, in 2022, Shenwan Hongyuan's total emissions in Hong Kong were about 573,910 kg CO2e, indicating a reduction in emissions year-on-year. The breakdown for 2022 shows Scope 1 emissions at approximately 5,720 kg CO2e and Scope 2 emissions at around 550,250 kg CO2e. Globally, in 2023, the organisation reported total emissions of 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. This data highlights the significant impact of indirect emissions from electricity consumption. Despite these figures, Shenwan Hongyuan has not set specific reduction targets or climate pledges, nor have they cascaded any targets from parent organisations. The absence of formal commitments suggests a need for enhanced climate strategies within the organisation.
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 |
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.