Hong Leong Bank Bhd 2024 SR
The report highlights Hong Leong Bank's sustainability progress for FY2024, achieving a 29% reduction in operational Scope 1 and 2 emissions in Malaysia against the FY2019 baseline. The bank approved over RM3.5 billion in renewable energy financing and reached RM14.6 billion in outstanding green building and affordable property financing. Key developments include the appointment of its first Chief Sustainability Officer and the launch of an ESG Readiness Programme for clients. Socially, the bank supported seven social enterprises through HLB Jumpstart and transitioned 26 schools to cashless operations. Furthermore, the bank established its first financed emissions baseline for auto loans and mortgages, marking a significant step toward its Net Zero 2050 ambition.
Company: Hong Leong Bank Bhd
Sector: Financials
Country: Malaysia
Year: 2024
Type: SR
Pages: 168
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Hong Leong Bank Bhd
Sustainability Report
The report highlights Hong Leong Bank's sustainability progress for FY2024, achieving a 29% reduction in operational Scope 1 and 2 emissions in Malaysia against the FY2019 baseline. The bank approved over RM3.5 billion in renewable energy financing and reached RM14.6 billion in outstanding green building and affordable property financing. Key developments include the appointment of its first Chief Sustainability Officer and the launch of an ESG Readiness Programme for clients. Socially, the bank supported seven social enterprises through HLB Jumpstart and transitioned 26 schools to cashless operations. Furthermore, the bank established its first financed emissions baseline for auto loans and mortgages, marking a significant step toward its Net Zero 2050 ambition.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Published
Sep 23, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees