Hong Leong Bank Berhad & Hong Leong Islamic Bank Berhad

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-07 to 2024-06🗂️ Report periods on file: 2023-07 to 2024-06, 2022-07 to 2023-06, 2021-07 to 2022-06, 2020-07 to 2021-06, 2018-07 to 2019-06

By scope: Scope 1: 103 tCO2e/year; Scope 2: 25.2K tCO2e/year; Scope 3: 13.4K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💧
Water Usage
228.0 megaliters/year
2023-07 to 2024-06
♻️
Waste
18.8 tons/year
2023-07 to 2024-06
⚙️
Energy Use
35.1K MWh/year
2023-07 to 2024-06

📊 Emissions by Scope (2023-07 to 2024-06)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).103 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.25.2K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).13.4K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2022-07 to 2023-0639.8K tCO2e (Malaysia) 70 tCO2e (Hong Kong) 382 tCO2e (Singapore)
2018-07 to 2019-0611.7K tCO2e/year (Scope 1 & 2 combined)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • 15% to 25% reduction to Scope 1 and 2 GHG emissions by 2026

📅 Medium-term

  • Net Zero for Scope 1 and 2 GHG emissions by 2030

🔭 Long-term

  • Net Zero for Scope 1, 2 and 3 GHG emissions by 2050

🌱 ESG Focus Areas

Environmental ManagementSocially Responsible BusinessCommunity InvestmentDigital at the CoreWorkforce Readiness

⚠️ Challenges & Risks +

  • Climate-related physical risks (e.g., floods)
  • Transition risks (e.g., regulatory changes, market shifts)
  • Data limitations in calculating financed emissions

📋 Report Information

Reporting Period: 2023-07 to 2024-06
Frameworks: Bursa Malaysia’s Main Market Listing Requirements, Bursa Malaysia’s Sustainability Reporting Guide (3rd edition), GRI Universal Standards 2021, TCFD, UN SDGs, PCAF
Assurance: SIRIM QAS International Sdn Bhd, PwC Limited