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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 2,254a | 3,288.88b | 2,807.42b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 18,984a | 19,306a | 20,461a | |
Total Scope 3 | N/A | 4,130,000a | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.8544a | 1.2626b | 1.2687b |
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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.ab
In 2024, the total Scope 1 emissions of Bank of East Asia were 2,254 metric tons of CO₂ equivalent (tCO₂e).a
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
In 2024, Bank of East Asia reported Scope 2 greenhouse gas (GHG) emissions of 18,984 tCO₂e without specifying the calculation method.a
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
In 2024, Bank of East Asia reported its Scope 2 emissions using an unspecified methodology.a
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
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 0.98, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Bank of East Asia ranked 13 out of 25 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