In 2024, Bank of Communications completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).
However, Bank of Communications has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 19,935a | 20,504b | 3,525.28c | |
Total Scope 2 | ||||
Unspecified Calculation Method | 467,468a | 423,555b | 55,279.72c | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.563a | 0.5682b | 0.096c |
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In 2024, the total operational greenhouse gas (GHG) emissions of Bank of Communications amounted to 487,403 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Bank of Communications increased by 9.76%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of Bank of Communications were 19,935 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Bank of Communications's Scope 1 emissions have increased by 465.49%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Bank of Communications's Scope 1 emissions decreased by 2.78%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, Bank of Communications reported Scope 2 greenhouse gas (GHG) emissions of 467,468 tCO₂e without specifying the calculation method.a
Since 2022, Bank of Communications's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 745.64%, reflecting a rising long-term trend in Scope 2 emissions over time.ac
Compared to the previous year (2023), Bank of Communications's Scope 2 emissions (Unspecified Calculation Method) rose by 10.37% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
In 2024, Bank of Communications reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Bank of Communications reported Scope 1 greenhouse gas (GHG) emissions of 19,935 tCO₂e and total revenues of USD 35,409 millions. This translates into an emissions intensity of 0.56 tCO₂e per millions USD.a
In 2024, Bank of Communications reported a Scope 1 emissions intensity of 0.56 tCO₂e per millions USD. Compared to the peer group median of 0.56, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Bank of Communications ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Bank of Communications is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a