Better Health for All
0
No evidence available to assess BOC HONG KONG HOLDINGS on Better Health for All.
Fair Money & Economic Opportunity
Fair Pay & Worker Respect
0
No evidence available to assess BOC HONG KONG HOLDINGS on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
-20
The company reported no instances of non-compliance with its Supply Chain Code of Conduct among suppliers in both 2023 and 2024, which includes provisions against forced and child labor.
1
The Supply Chain Code of Conduct, which stipulates clear requirements for suppliers on social, ethical, corporate governance, environmental protection, and work environment standards, is included in tender documents for new suppliers and is a critical factor in supplier selection.
2
Suppliers must also comply with the BOCHK Group’s Anti-Bribery and Corruption Policy.
3
Honest & Fair Business
0
No evidence available to assess BOC HONG KONG HOLDINGS on Honest & Fair Business.
Kind to Animals
0
BOC HONG KONG HOLDINGS is a financial institution, and its core business model does not involve direct animal-related operations, products, or testing. Therefore, KPIs such as cruelty-free certification, alternative testing usage, humane certifications for operations, ethical input substitution, supplier audits for animal welfare, cage-free sourcing, animal testing policy and volume, innovation investment in animal-free technologies, animal agriculture ethics, and animal-free R&D collaboration are not applicable. The company also does not have direct public policy engagement on animal welfare. While the company supported the planting of 6,000 native saplings
1
and has a policy to avoid financing projects with significant negative impacts on biodiversity,
2
the provided evidence does not include measurable biodiversity impact or revenue allocation metrics required to score the 'wildlife_conservation_impact' KPI against the rubric's quantitative thresholds.
No War, No Weapons
0
No evidence available to assess BOC HONG KONG HOLDINGS on No War, No Weapons.
Planet-Friendly Business
-50
The company reported total Scope 1, 2, and 3 greenhouse gas emissions of 51,133 tCO2e in 2024.
1
The annual decline from 2023 to 2024 was 0.885%. The company aims to achieve carbon neutrality in its operations by 2030.
2
It has fully adopted TCFD recommendations, publishing its first independent TCFD report in 2022 and increasing disclosures since 2020.
3
Four major office buildings were awarded BEAM Plus Existing Buildings V2.0 Platinum certification in 2023.
4
In 2024, 315.24 tonnes of non-hazardous waste were recycled, and 465.40 tonnes of general waste were disposed to landfill, resulting in a diversion rate of 40.38%.
5
Total water consumption was 98.26 Megalitre in 2024,
6
with revenue of HKD 60.23 billion, equating to 1.63 m³ per $1M revenue. Solar photovoltaic panels were installed in one owned building in 2022, generating approximately 13,000 kWh annually,
7
and two buildings have renewable energy systems.
8
The company optimized its stress test methodology for climate risk in 2023-2024.
9
An ESG Sensitive Sector Strategy Statement is in place for industries that may impact biodiversity or natural ecosystems.
10
No instances of non-compliance with environmental regulations or the Supply Chain Code of Conduct were identified in 2023 or 2024.
11
The company offset 12,024 tCO2e in 2024, representing 23.5% of its Scope 1 and 2 emissions.
12
It supported the Hong Kong Tree Planting Day 2024, planting 6,000 native saplings,
13
and was the inaugural title sponsor of the “BOCHK Human and Nature Inclusion Programme – Biodiversity Academy”.
14
Respect for Cultures & Communities
0
No evidence available to assess BOC HONG KONG HOLDINGS on Respect for Cultures & Communities.
Safe & Smart Tech
0
No evidence available to assess BOC HONG KONG HOLDINGS on Safe & Smart Tech.
Zero Waste & Sustainable Products
0
No evidence available to assess BOC HONG KONG HOLDINGS on Zero Waste & Sustainable Products.