- Geopolitical tensions and historic rise in inflation affecting customers
- Climate change and environmental risk demanding proactive management
- Increasing number of frauds and scams
- Growing ageing population and rising dementia cases
Hong Leong Finance Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Hong Leong Finance Limited disclosed greenhouse gas emissions of 889 tCO2e/year (Scope 2). By scope: Scope 2: 889 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.
GHG Emissions
889 tCO2e/year (Scope 2)
2023
Energy Use
2.1K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 889 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 period | Headline emissions figure reported |
|---|---|
| 2023 | 889 tCO2e/year (Scope 2) |
| 2022 | 900 tCO2e |
| 2020 | 858 tCO2e/year (Scope 2) |
| 2019 | 796 (tonne CO2e) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 9% reduction in paper consumption
- 4% reduction in energy consumption
- 4% reduction in Scope 2 emissions
- 93% growth in green vehicle loans (contributing 32% of overall vehicle loan portfolio)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve at least 80% complaint resolution within five working days
- Achieve 5% reduction in paper usage
📅 Medium-term
- Accelerate efforts to upgrade to energy-efficient LED lighting systems in more offices
- Roll out more green loan products
🔭 Long-term
- Achieve sustainable growth
- Facilitate online transaction capabilities to migrate paper base transactions
🌱 ESG Focus Areas
Economic and Customer Value CreationResponsible FinanceSustainable FinanceEnvironmental FootprintRegulatory ComplianceEmployee Learning and RetentionSupporting Communities