Bank of Cyprus Holdings PLC
Bank of Cyprus Holdings's GHG Emissions Data Preview
In 2023, Bank of Cyprus Holdings 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Bank of Cyprus Holdings has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
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aVerified Sources Behind Bank of Cyprus Holdings’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Bank of Cyprus Holdings’s data sources below and access millions more through our Disclosure Search.
Insights into Bank of Cyprus Holdings's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Bank of Cyprus Holdings amounted to 11,563 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 2022, the total operational greenhouse gas (GHG) emissions of Bank of Cyprus Holdings decreased by 11.19%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Bank of Cyprus Holdings's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Bank of Cyprus Holdings's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Bank of Cyprus Holdings were 1,034 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2022), Bank of Cyprus Holdings's Scope 1 emissions decreased by 7.18%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Bank of Cyprus Holdings's Scope 2 emissions?
In 2023, Bank of Cyprus Holdings reported Scope 2 greenhouse gas (GHG) emissions of 10,529 tCO₂e without specifying the calculation method. a
Has Bank of Cyprus Holdings reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Bank of Cyprus Holdings's Scope 2 emissions (Unspecified Calculation Method) fell by 11.57% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does Bank of Cyprus Holdings use for Scope 2 reporting?
In 2023, Bank of Cyprus Holdings reported its Scope 2 emissions using an unspecified methodology. a
Bank of Cyprus Holdings's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Bank of Cyprus Holdings's Value Chain Emissions
In 2023, Bank of Cyprus Holdings reported 3,233,117 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Bank of Cyprus Holdings includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Bank of Cyprus Holdings's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Bank of Cyprus Holdings's Scope 3 emissions?
In 2023, Bank of Cyprus Holdings reported total Scope 3 emissions of 3,233,117 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0.74% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.26% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Bank of Cyprus Holdings's Scope 3 emissions increased by 12.16%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Bank of Cyprus Holdings disclose?
In 2023, Bank of Cyprus Holdings reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Bank of Cyprus Holdings's Scope 3 emissions?
In 2023, the largest contributors to Bank of Cyprus Holdings's Scope 3 emissions were: a
- Investments (Cat. 15): 3,209,097 tCO₂e (99.26%)
- Purchased Goods and Services (Cat. 1): 16,512 tCO₂e (0.51%)
- Waste Generated in Operations (Cat. 5): 2,821 tCO₂e (0.09%)
Bank of Cyprus Holdings's Scope 3 Emissions by Categories
Insights into Bank of Cyprus Holdings's Total Carbon Footprint
In 2023, Bank of Cyprus Holdings reported a total carbon footprint of 3,244,680 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.05% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Bank of Cyprus Holdings's total carbon footprint was Scope 3 emissions, accounting for 99.64% of the company's total carbon footprint, followed by Scope 2 emissions at 0.32%. a