Hong Leong Financial Group Bhd 2024 AR2
The report highlights Hong Leong Financial Group's strong financial and sustainability performance for the fiscal year 2024. The group achieved a record profit before tax of RM5.85 billion and committed to a net-zero target by 2050, with interim targets to reduce Scope 1 and 2 emissions by 15% to 25% by FY2026. Key achievements include a 27% reduction in Scope 1 and 2 emissions since FY2019, and an improved FTSE4Good rating of 3.6. Additionally, Hong Leong Bank expanded its green car financing to RM1.2 billion and outstanding green mortgage and affordable property financing to RM14.6 billion.
Company: Hong Leong Financial Group Bhd
Sector: Financials
Country: Malaysia
Year: 2024
Type: AR2
Pages: 373
Hong Leong Financial Group Bhd
The report highlights Hong Leong Financial Group's strong financial and sustainability performance for the fiscal year 2024. The group achieved a record profit before tax of RM5.85 billion and committed to a net-zero target by 2050, with interim targets to reduce Scope 1 and 2 emissions by 15% to 25% by FY2026. Key achievements include a 27% reduction in Scope 1 and 2 emissions since FY2019, and an improved FTSE4Good rating of 3.6. Additionally, Hong Leong Bank expanded its green car financing to RM1.2 billion and outstanding green mortgage and affordable property financing to RM14.6 billion.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees