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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
7,861
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. It operates through the Hong Kong Operations – Personal Banking; Hong Kong Oper...

Bank of East Asia's GHG Emissions Data Preview

In 2024, Bank of East Asia 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 East Asia has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Bank of East Asia’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 East Asia’s data sources below and access millions more through our Disclosure Search.

a. Bank of East Asia's ESG Report 2024
a. Bank of East Asia's ESG Report 2024
b. Bank of East Asia's ESG Report 2023
b. Bank of East Asia's ESG Report 2023

Insights into Bank of East Asia's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofBank of East Asia amounted to21,238metric 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 East Asiadecreased by 6.01%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Bank of East Asia's Scope 1 Emissions Over Time

202120222023202401.5 k3 k4.5 k6 ktCO2e-51%+17%-31%
  • Total Scope 1
  • Year-over-Year Change

What are Bank of East Asia's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Bank of East Asia were 2,254 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Bank of East Asia reduced its Scope 1 emissions over time?

Since 2021, Bank of East Asia's Scope 1 emissions have decreased by 60.8%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Bank of East Asia's Scope 1 emissions decreased by 31.47%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are Bank of East Asia's Scope 2 emissions?

In 2024, Bank of East Asia reported Scope 2 greenhouse gas (GHG) emissions of 18,984 tCOâ‚‚e without specifying the calculation method.a

Has Bank of East Asia reduced its Scope 2 emissions over time?

Since 2021, Bank of East Asia's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 15.62%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Bank of East Asia's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Bank of East Asia's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Bank of East Asia use for Scope 2 reporting?

In 2024, Bank of East Asia reported its Scope 2 emissions using an unspecified methodology.a

Bank of East Asia's Scope 2 Emissions Over Time

202120222023202406 k12 k18 k24 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Bank of East Asia’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Bank of East Asia reported Scope 1 greenhouse gas (GHG) emissions of 2,254 tCOâ‚‚e and total revenues of USD 2,638 millions. This translates into an emissions intensity of 0.85 tCOâ‚‚e per millions USD.a

Bank of East Asia's Scope 1 Emissions Intensity Compared to Peers

202002,00050,000Scope 1 Emissions (tCO2e)2005002,0005,00020,000Revenues (Millions of USD)FJ7BBHang Seng BankYear: 2024Scope 1: 117 tCO2eRevenue: $M 5,346Scope 1 Intensity: 0.02 tCO2e/$MFFFirst Financial BancorpYear: 2024Scope 1: 1,812 tCO2eRevenue: $M 836Scope 1 Intensity: 2.17 tCO2e/$MJJJiangsu Changshu Rural Commercial BankYear: 2023Scope 1: 966 tCO2eRevenue: $M 1,373Scope 1 Intensity: 0.70 tCO2e/$MJB Financial GroupYear: 2024Scope 1: 3,985 tCO2eRevenue: $M 1,635Scope 1 Intensity: 2.44 tCO2e/$MBerner KantonalbankYear: 2024Scope 1: 570 tCO2eRevenue: $M 621Scope 1 Intensity: 0.92 tCO2e/$MValiant HoldingYear: 2024Scope 1: 1,032 tCO2eRevenue: $M 612Scope 1 Intensity: 1.69 tCO2e/$MBOC Hong Kong HoldingsYear: 2024Scope 1: 517 tCO2eRevenue: $M 9,249Scope 1 Intensity: 0.06 tCO2e/$MBandhan BankYear: 2024Scope 1: 1 tCO2eRevenue: $M 1,475Scope 1 Intensity: 0.00 tCO2e/$MBank of GuiyangYear: 2023Scope 1: 1,438 tCO2eRevenue: $M 2,124Scope 1 Intensity: 0.68 tCO2e/$MCentral Bank of IndiaYear: 2025Scope 1: 7,084 tCO2eRevenue: $M 2,325Scope 1 Intensity: 3.05 tCO2e/$MJyske BankYear: 2024Scope 1: 640 tCO2eRevenue: $M 1,967Scope 1 Intensity: 0.33 tCO2e/$MKyushu Financial GroupYear: 2024Scope 1: 1,656 tCO2eRevenue: $M 1,232Scope 1 Intensity: 1.34 tCO2e/$MDah Sing Banking GroupYear: 2023Scope 1: 95 tCO2eRevenue: $M 757Scope 1 Intensity: 0.13 tCO2e/$MHirogin HoldingsYear: 2023Scope 1: 1,457 tCO2eRevenue: $M 941Scope 1 Intensity: 1.55 tCO2e/$MYapi ve Kredi BankasiYear: 2024Scope 1: 16,421 tCO2eRevenue: $M 4,242Scope 1 Intensity: 3.87 tCO2e/$M7777 BankYear: 2024Scope 1: 1,150 tCO2eRevenue: $M 942Scope 1 Intensity: 1.22 tCO2e/$MBBBank of GuizhouYear: 2024Scope 1: 2,321 tCO2eRevenue: $M 1,915Scope 1 Intensity: 1.21 tCO2e/$MBAWAG GroupYear: 2024Scope 1: 812 tCO2eRevenue: $M 1,732Scope 1 Intensity: 0.47 tCO2e/$MHokuhoku Financial GroupYear: 2023Scope 1: 3,689 tCO2eRevenue: $M 1,229Scope 1 Intensity: 3.00 tCO2e/$MUCO BankYear: 2025Scope 1: 890 tCO2eRevenue: $M 1,643Scope 1 Intensity: 0.54 tCO2e/$MBBBank of QingdaoYear: 2024Scope 1: 158 tCO2eRevenue: $M 1,680Scope 1 Intensity: 0.09 tCO2e/$MGunma BankYear: 2024Scope 1: 1,402 tCO2eRevenue: $M 1,000Scope 1 Intensity: 1.40 tCO2e/$MDah Sing Financial HoldingsYear: 2023Scope 1: 96 tCO2eRevenue: $M 795Scope 1 Intensity: 0.12 tCO2e/$MBank of East AsiaYear: 2024Scope 1: 2,254 tCO2eRevenue: $M 2,638Scope 1 Intensity: 0.85 tCO2e/$M

How does Bank of East Asia's GHG emissions intensity compare to its peers?

In 2024, Bank of East Asia reported a Scope 1 emissions intensity of 0.85 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.92, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Bank of East Asia rank on GHG emissions intensity within its industry?

In 2024, Bank of East Asia ranked 12 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Bank of East Asia is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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