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 of Bank of East Asia amounted to 21,238 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 East Asia decreased by 6.01%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

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 CO₂ equivalent (tCO₂e). 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. a b

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. a b

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 tCO₂e 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. a b

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 tCO₂e and total revenues of USD 2,638 millions. This translates into an emissions intensity of 0.85 tCO₂e per millions USD. a

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

202005,00050,000Scope 1 Emissions (tCO2e)2005002,0005,00020,000Revenues (Millions of USD)FJTHSHang 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: 2023Scope 1: 3,938 tCO2eRevenue: $M 1,744Scope 1 Intensity: 2.26 tCO2e/$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: $M 1,475Scope 1 Intensity: 0.00 tCO2e/$MBNK Financial GroupYear: 2023Scope 1: 3,170 tCO2eRevenue: $M 2,885Scope 1 Intensity: 1.10 tCO2e/$MTTTCFHCYear: 2024Scope 1: 2,738 tCO2eRevenue: $M 2,008Scope 1 Intensity: 1.36 tCO2e/$MJyske BankYear: 2023Scope 1: 639 tCO2eRevenue: $M 2,199Scope 1 Intensity: 0.29 tCO2e/$MDah Sing Banking GroupYear: 2023Scope 1: 95 tCO2eRevenue: $M 757Scope 1 Intensity: 0.13 tCO2e/$MYapi ve Kredi BankasiYear: 2024Scope 1: 16,421 tCO2eRevenue: $M 4,242Scope 1 Intensity: 3.87 tCO2e/$MIDFC First BankYear: 2025Scope 1: 19,417 tCO2eRevenue: $M 3,090Scope 1 Intensity: 6.28 tCO2e/$MBAWAG GroupYear: 2023Scope 1: 1,331 tCO2eRevenue: $M 1,760Scope 1 Intensity: 0.76 tCO2e/$MBank of ChangshaYear: 2023Scope 1: 862 tCO2eRevenue: $M 3,501Scope 1 Intensity: 0.25 tCO2e/$MChina Zheshang BankYear: 2024Scope 1: 3,464 tCO2eRevenue: $M 9,016Scope 1 Intensity: 0.38 tCO2e/$MFlagstar BankYear: 2023Scope 1: 4,136 tCO2eRevenue: $M 3,633Scope 1 Intensity: 1.14 tCO2e/$MHHHuishang BankYear: 2024Scope 1: 2,519 tCO2eRevenue: $M 5,036Scope 1 Intensity: 0.50 tCO2e/$MSSShanghai Rural Commercial BankYear: 2024Scope 1: 1,917 tCO2eRevenue: $M 3,545Scope 1 Intensity: 0.54 tCO2e/$MKasikornbankYear: 2023Scope 1: 15,468 tCO2eRevenue: $M 5,949Scope 1 Intensity: 2.60 tCO2e/$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 tCO₂e per millions USD. Compared to the peer group median of 0.73 , this places the company above its industry benchmark, indicating it is less 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 13 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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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