Hong Leong Bank Bhd 2022 AR2
The report highlights Hong Leong Bank Berhad's financial and sustainability performance for the fiscal year 2022. The bank achieved a record net profit after tax of RM 3,289 million, representing a 15.0% year-on-year growth, and expanded its gross loans by 8.0% to RM 168.2 billion. In sustainability, the bank committed to achieving net-zero carbon emissions by 2050 and launched its inaugural Green Additional Tier 1 Capital Securities worth RM 900 million. Additionally, the bank approved over RM 2.4 billion in renewable energy financing and initiated a major carbon-offset project to plant 50,000 mangrove trees.
Company: Hong Leong Bank Bhd
Sector: Financials
Country: Malaysia
Year: 2022
Type: AR2
Pages: 460
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Hong Leong Bank Bhd
Annual Report
The report highlights Hong Leong Bank Berhad's financial and sustainability performance for the fiscal year 2022. The bank achieved a record net profit after tax of RM 3,289 million, representing a 15.0% year-on-year growth, and expanded its gross loans by 8.0% to RM 168.2 billion. In sustainability, the bank committed to achieving net-zero carbon emissions by 2050 and launched its inaugural Green Additional Tier 1 Capital Securities worth RM 900 million. Additionally, the bank approved over RM 2.4 billion in renewable energy financing and initiated a major carbon-offset project to plant 50,000 mangrove trees.
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Document Details
Report Year
2022
Reporting Period
Jul 1, 2021 - Jun 30, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Women on Board
Workplace Fatalities
Net Zero Target
Employees