Bank of East Asia Ltd

Common Name
Bank of East Asia
Country
Hong Kong
Sector
Financial Services
Industry
Banks - Regional
Employees
7,880
Ticker
23
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
The Bank of East Asia, Limited, together with its subsidiaries, provides various banking and related financial services. Its personal banking services include corporate, individual, savings, current, ...

Bank of East Asia Energy Data Preview

In 2023, Bank of East Asia disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Bank of East Asia also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Bank of East Asia also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Bank of East Asia also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Bank of East Asia's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Bank of East Asia's Energy Renewability

In 2023, Bank of East Asia consumed a total of 151,440.41 Gigajoules of energy across its operations. Of this total, 0% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 100% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Bank of East Asia's Energy Renewability Rate

0%

How much of Bank of East Asia's energy consumed is renewable?

In 2023, Bank of East Asia consumed a total of 151,440.41 Gigajoules of energy, of which 0% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Bank of East Asia has considerable room to improve its energy sustainability strategy.

Are Bank of East Asia's energy practices becoming more sustainable?

Since 2021, Bank of East Asia's total energy consumption decreased by 9.93%, including a further 3.94% drop in 2023, highlighting a continued decline in energy use.

Bank of East Asia's Renewable vs Non-renewable Energy Over Time

184.95 k89.95 k5.05 k184.95 kGigajoules (GJ)202120222023100%100%100%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Bank of East Asia's Energy Consumption & Production Mix

In 2023, Bank of East Asia disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Bank of East Asia's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Bank of East Asia's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(89.8%)City/Town Gas,Diesel and Gasoline(Petrol)(10.2%)

What are the main sources and generation technologies behind Bank of East Asia's energy consumption?

In 2023, Bank of East Asia's total energy consumption was primarily sourced from

  • Electricity (Unspecified Source) (89.84%)
  • City/Town Gas, Diesel and Gasoline (Petrol) (10.16%)
  • Heat (Unspecified Source) (0%)

How diverse is Bank of East Asia’s energy consumption mix?

In 2023, Bank of East Asia consumed energy from 6 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 89.84% of total consumption.

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