Hang Seng Bank

Sustainability Report and Carbon Intensity Rankings

Is Hang Seng Bank doing their part?

Their DitchCarbon score is 71

Hang Seng Bank has a DitchCarbon Score of 71 out of 100, indicating a relatively high level of sustainability in its operations. This score suggests that the bank has made significant efforts to reduce its carbon intensity. A score of 71 reflects that Hang Seng Bank is actively managing and lowering its emissions compared to other companies.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Hang Seng Bank operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Unknown

High

Very high

Hang Seng Bank is located in a region with an unknown carbon intensity rating, making it difficult to assess the environmental impact of its operations. The sustainability efforts of the bank in terms of carbon footprint are thus not clearly defined by the regional standards of its location in Western Australia.

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Unlock 30+ emissions data points on Hang Seng Bank

Get the emissions intelligence you need, no surveys required.

– Historical Scope 1, 2 and 3 emissions

– Coverage of all industries, product level data

– Emissions forecasting, assurances

20.17%

...this company is doing 20.17% better in emissions than the industry average.

Founded in 1933, Hang Seng Bank is a prominent financial institution based in Hong Kong, recognized as one of the region’s largest listed companies. Operating within the finance sector, Hang Seng offers a diverse array of services including retail banking, wealth management, commercial banking, and private banking, as well as a comprehensive suite of renminbi services. With a substantial presence in mainland China and branches across Macau and Singapore, Hang Seng Bank serves millions of customers through its extensive network of service outlets.

Compare Hang Seng Bank with other companies in the same industry –>

emission intelligence's platform recommendations for Hang Seng Bank

Hang Seng Bank could reduce its emissions by transitioning to renewable energy sources for all purchased electricity, heat, steam, and cooling, which has the potential to lower their emissions by 30%.

Good news, Hang Seng Bank has embraced SBTi commitments

Hang Seng Bank has pledged to set science-based emissions reduction targets through the Science Based Targets initiative (SBTi). This commitment means the bank will align its carbon output with the levels required to meet the goals of the Paris Agreement, significantly reducing its environmental impact.

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Our methodology

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Hang Seng Bank

Sustainability Report and Carbon Intensity Rankings

Is Hang Seng Bank doing their part?

Their DitchCarbon score is 71

Industry emissions intensity

Very low

Low

Medium

High

Very high

Location emissions intensity

Very low

Low

Unknown

High

Very high

Unlock 30+ emissions intelligence data points

Unlock 30+ emissions data points on Hang Seng Bank

...this company is doing 20.17% better in emissions than the industry average.

emission intelligence's platform recommendations for Hang Seng Bank

Good news, Hang Seng Bank has embraced SBTi commitments

Claim this profile

Our methodology

Other company reports in this industry

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