GlobalData offers a comprehensive analysis of Hong Kong Exchanges and Clearing, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Hong Kong Exchanges and Clearing‘s ESG performance. GlobalData’s company profile on Hong Kong Exchanges and Clearing offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

Hong Kong Exchanges and Clearing (HKEX) has set target for net zero by 2050 to reduce its greenhouse gas (GHG) emissions. In 2022, the company's total greenhouse gas emissions, encompassing Scope 1, 2, and 3 amounted to 15,277 tonnes. Of these, market-based & location-based Scope 2 emissions reported was 14,139 tonnes & 15,236 tonnes respectively. The company's sustainability performance, including GHG emissions, is verified by the Hong Kong Quality Assurance Agency.

The company has taken steps to reduce its emissions. HKEX has implemented waste management initiatives, reducing waste produced and disposed of to landfills. It has also made efforts to reduce energy consumption, including the use of renewable electricity. The company has reduced paper consumption by 60% and introduced digital tools to reduce its carbon footprint.

HKEX has launched initiatives to promote environmental stewardship and ethical supply chain management. It has implemented a Third Party Risk Management Policy and Framework and introduced a new Group Code of Conduct. The company is committed to transparent disclosure and effective engagement with stakeholders.

In conclusion, HKEX has set net-zero targets and is taking steps to reduce its GHG emissions. The company has implemented waste management and energy consumption reduction initiatives. It has also launched digital tools and initiatives to promote ethical supply chain management. HKEX is committed to upholding ethics and integrity in its business operations and maintaining proactive communication with stakeholders.

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