HKBN Advances Climate Action Through Technology with SBTi-validated Emissions Reduction Targets

HONG KONG, Sept. 26, 2024 /PRNewswire/ -- HKBN Ltd. ("HKBN"; SEHK stock code: 1310) proudly announces its attainment of SBTi (Science Based Targets initiative) validation. Representing another bold step in its climate action pledge, HKBN has set near-term targets to reduce absolute scope 1 and 2 GHG emissions 50.65% by FY2030 from a FY2022 base year. HKBN also commits to reduce absolute scope 3 GHG emissions from purchased goods and services and use of sold products 25.00% within the same timeframe. This bold stance underscores HKBN's serious commitment to driving environmental, social and governance (ESG) progress through technology, aligning with the SBTi's Business Ambition to limit overall global temperature rise to 1.5°C.