The Hong Kong Mortgage Corp Ltd 2024 Sustainability Report
Company: The Hong Kong Mortgage Corp Ltd
Sector: Finance & insurance
Country: Hong Kong
Year: 2024
Type: Sustainability Report
Pages: 46
The report describes the Group's 2024 ESG governance and double materiality update, including Board oversight and an ESG Committee. It reports a 36% reduction target for GHG emissions intensity by 2035 from a 2023 base and carbon neutrality by 2050. Operational emissions totaled 347.0 tCO2e, including 12.5 tCO2e Scope 1, 261.2 tCO2e market-based Scope 2 and 73.3 tCO2e partial Scope 3. It also highlights the third social bond issuance of approximately HK$23.8 billion equivalent and broader sustainable-finance activity.
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