Far East Horizon

Far East Horizon's reported carbon emissions

Far East Horizon, a financial intermediation services provider based in Hong Kong, reported a total of approximately 1.53 billion kg CO2e in emissions for 2025. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. For the 2025 reporting year, Scope 1 emissions were approximately 38.20 million kg CO2e. Scope 2 emissions, calculated on a market-based basis, amounted to about 73.64 million kg CO2e, while the location-based calculation was approximately 64.86 million kg CO2e. Scope 3 emissions were substantial, totalling approximately 1.49 billion kg CO2e, with downstream leased assets being the largest contributor at about 586 million kg CO2e, followed by investments at approximately 491 million kg CO2e. In 2024, Far East Horizon reported Scope 1 emissions of approximately 51.91 million kg CO2e and Scope 2 (location-based) emissions of about 58.97 million kg CO2e. Scope 3 emissions for this year are not fully detailed but include investments at approximately 1.76 billion kg CO2e. The company has set several climate commitments. It aims to achieve a linear annual reduction of 2% in its Scope 2 emission intensity per unit of revenue between 2021 and 2025, targeting an overall reduction of 8% over four years from the base year. Furthermore, Far East Horizon has committed to reducing absolute Scope 1 and 2 emissions by 42.0% by 2030, using 2022 as the base year. Looking further ahead, the Group strives to achieve carbon neutrality across its entire value chain by 2050. In terms of Science Based Targets initiative (SBTi) commitments, Far East Horizon has set near-term targets classified as 1.5°C for scopes 1 and 2, indicating that its operational emissions reduction plans align with the warming limit scenario. Their portfolio targets cover 88% of its total investment and lending by total assets as of 2022, with required activities making up 6% and optional activities 86%.