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Bank of East Asia Ltd

Common Name
Bank of East Asia
Country
Hong Kong
Sector
Financial Services
Industry
Banks - Regional
Employees
7,669
Ticker
23
Exchange
Hong Kong Exchanges and Clearing Limited
Description
The Bank of East Asia, Limited, together with its subsidiaries, provides various banking and related financial services. It operates through eight segments: the Hong Kong Operations – Personal Banking...

Bank of East Asia's Climate Target Data Preview

As of 2025, Bank of East Asia has disclosed 7 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 5 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Bank of East Asia's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-39%a
2025
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
-26%a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Revenue Tonne Kilometer (RTM)
-21%a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
-57%a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
-12%a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
-73%a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Vehicle Kilometer
-46%a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Bank of East Asia’s Climate Targets 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.

a. Bank of East Asia's ESG Report 2025

Insights into Bank of East Asia's Greenhouse Gas Emissions Pathways

As of 2025, Bank of East Asia has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a

Does Bank of East Asia have a target to reduce the emissions from its operations?

As of 2025, Bank of East Asia has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Bank of East Asia's most ambitious operational target is to reduce these emissions by 39% by 2025, compared to a baseline of 33,456 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a

Bank of East Asia has already surpassed its operational emissions reduction target, with 2025 levels falling below the 2025 value, achieving its climate goal ahead of schedule.a

Bank of East Asia's Operational (Scope 1+2) Emissions Pathway

2019202508.5 k17 k25.5 k34 kBaselineCurrent (-40%)

Does Bank of East Asia have a target to reduce the emissions from its value chain?

As of 2025, Bank of East Asia has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

Bank of East Asia's most ambitious value chain target is to reduce these emissions by 73% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2022.a

As of 2024, Bank of East Asia is ahead of schedule on its value chain emissions reduction target, having achieved 33.73% of the planned reduction.a

Bank of East Asia's Value Chain (Scope 3) Emissions Pathway

20222024203000000BaselineCurrent (-25%)Target 2030 (-73%)
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