Bank of China Ltd

Common Name
Bank of China
Country
China (Mainland)
Sector
Financial Services
Industry
Banks - Diversified
Employees
312,757
Ticker
601988
Exchange
SHANGHAI STOCK EXCHANGE
Website
www.boc.cn
Description
Bank of China Ltd. is a prominent state-owned commercial bank in China, recognized for its comprehensive range of financial services. Established in 1912, the bank plays a vital role in the domestic a...

Bank of China Waste Data Preview

In 2023, Bank of China conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2023202220212020 - 2017
Total Waste Generated
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a
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0000000
Total Waste Recovered
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0000000
Total Hazardous Waste Generated
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a
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0000000
Non-Hazardous Waste Disposed
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a
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a
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a
0000000
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Verified Sources Behind Bank of China’s Waste Management Data

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a. Bank of China's ESG Report 2023
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Insights into Bank of China’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Bank of China generated a total of 41,093 metric tonnes of waste. a

Of this amount, 1.61% of Bank of China's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 98.39% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. a

Bank of China’s Hazardous vs Non-Hazardous Waste Over Time

202120222023015 k30 k45 k60 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Bank of China reduced the environmental impact of its waste?

Since 2021, Bank of China's total waste generation decreased by 10.22%, with an additional 10.11% decline in 2023, suggesting a consistent and deliberate effort to minimize waste generation at the source. a

Over the same period, Bank of China reduced the hazardousness of its waste by 40.14%, with a further 43.35% decline in 2023, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact. a

Overall, Bank of China has made consistent and substantial progress in reducing both the quantity and the danger of its waste, highlighting a strong, well-executed waste strategy focused on minimizing environmental impact. a

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