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Bank of Qingdao Co Ltd

Common Name
Bank of Qingdao
Country
China (Mainland)
Sector
Financial Services
Industry
Banks - Regional
Employees
5,312
Ticker
002948
Exchange
SHENZHEN STOCK EXCHANGE
Description
Bank of Qingdao Co., Ltd. is a financial institution primarily engaged in the banking sector. The main purpose of this bank is to provide a wide array of banking services including deposit-taking, loa...

Bank of Qingdao's GHG Emissions Data Preview

In 2024, Bank of Qingdao 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 Qingdao 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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0000000
Total Scope 2
Unspecified Calculation Method
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a
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a
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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Verified Sources Behind Bank of Qingdao’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 Qingdao’s data sources below and access millions more through our Disclosure Search.

a. Bank of Qingdao's CSR Report 2024
a. Bank of Qingdao's CSR Report 2024

Insights into Bank of Qingdao's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofBank of Qingdao amounted to5,231.39metric 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 Qingdaoincreased by 11.92%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Bank of Qingdao's Scope 1 Emissions Over Time

2023202404080120160tCO2e+8%
  • Total Scope 1
  • Year-over-Year Change

What are Bank of Qingdao's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Bank of Qingdao were 158.29 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Bank of Qingdao's Scope 1 emissions increased by 7.86%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Bank of Qingdao's Scope 2 emissions?

In 2024, Bank of Qingdao reported Scope 2 greenhouse gas (GHG) emissions of 5,073.1 tCOâ‚‚e without specifying the calculation method.a

Has Bank of Qingdao reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Bank of Qingdao's Scope 2 emissions(Unspecified Calculation Method) rose by 12.05% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Bank of Qingdao use for Scope 2 reporting?

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

Bank of Qingdao's Scope 2 Emissions Over Time

2023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

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

In 2024, Bank of Qingdao reported Scope 1 greenhouse gas (GHG) emissions of 158.29 tCOâ‚‚e and total revenues of USD 1,680 millions. This translates into an emissions intensity of 0.09 tCOâ‚‚e per millions USD.a

Bank of Qingdao's Scope 1 Emissions Intensity Compared to Peers

505002,00020,000200,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)CBBJBPHSCBCCChongqing Rural Commercial BankYear: 2024Scope 1: 791 tCO2eRevenue: $M 3,794Scope 1 Intensity: 0.21 tCO2e/$MBank of ShanghaiYear: 2024Scope 1: 2,981 tCO2eRevenue: $M 7,240Scope 1 Intensity: 0.41 tCO2e/$MBBBank of HangzhouYear: 2024Scope 1: 174 tCO2eRevenue: $M 5,201Scope 1 Intensity: 0.03 tCO2e/$MBank of JiangsuYear: 2024Scope 1: 9,505 tCO2eRevenue: $M 11,064Scope 1 Intensity: 0.86 tCO2e/$MGRCBYear: 2024Scope 1: 140 tCO2eRevenue: $M 2,350Scope 1 Intensity: 0.06 tCO2e/$MChina Merchants BankYear: 2024Scope 1: 53,300 tCO2eRevenue: $M 45,881Scope 1 Intensity: 1.16 tCO2e/$MChina Minsheng BankingYear: 2024Scope 1: 6,931 tCO2eRevenue: $M 18,676Scope 1 Intensity: 0.37 tCO2e/$MBank of SuzhouYear: 2024Scope 1: 630 tCO2eRevenue: $M 1,665Scope 1 Intensity: 0.38 tCO2e/$MChina Everbright BankYear: 2024Scope 1: 2,872 tCO2eRevenue: $M 18,550Scope 1 Intensity: 0.15 tCO2e/$MBBBank of NingboYear: 2024Scope 1: 355 tCO2eRevenue: $M 9,124Scope 1 Intensity: 0.04 tCO2e/$MQingdao Rural Commercial BankYear: 2023Scope 1: 155 tCO2eRevenue: $M 1,449Scope 1 Intensity: 0.11 tCO2e/$MJJJiangsu Changshu Rural Commercial BankYear: 2023Scope 1: 966 tCO2eRevenue: $M 1,373Scope 1 Intensity: 0.70 tCO2e/$MBank of BeijingYear: 2024Scope 1: 5,965 tCO2eRevenue: $M 9,543Scope 1 Intensity: 0.63 tCO2e/$MBank of NanjingYear: 2024Scope 1: 2,645 tCO2eRevenue: $M 6,764Scope 1 Intensity: 0.39 tCO2e/$MChina Citic BankYear: 2024Scope 1: 6,778 tCO2eRevenue: $M 29,151Scope 1 Intensity: 0.23 tCO2e/$MBank of GuiyangYear: 2023Scope 1: 1,438 tCO2eRevenue: $M 2,124Scope 1 Intensity: 0.68 tCO2e/$MBBBank of GuizhouYear: 2024Scope 1: 2,321 tCO2eRevenue: $M 1,915Scope 1 Intensity: 1.21 tCO2e/$MPing An BankYear: 2024Scope 1: 14,386 tCO2eRevenue: $M 20,101Scope 1 Intensity: 0.72 tCO2e/$MBank of ChangshaYear: 2024Scope 1: 876 tCO2eRevenue: $M 3,553Scope 1 Intensity: 0.25 tCO2e/$MChina Zheshang BankYear: 2024Scope 1: 3,464 tCO2eRevenue: $M 9,016Scope 1 Intensity: 0.38 tCO2e/$MPPPostal Savings Bank of ChinaYear: 2024Scope 1: 5,547 tCO2eRevenue: $M 32,138Scope 1 Intensity: 0.17 tCO2e/$MSPD BankYear: 2024Scope 1: 3,200 tCO2eRevenue: $M 23,358Scope 1 Intensity: 0.14 tCO2e/$MHHHuishang BankYear: 2024Scope 1: 2,519 tCO2eRevenue: $M 5,036Scope 1 Intensity: 0.50 tCO2e/$MSSShanghai Rural Commercial BankYear: 2024Scope 1: 1,917 tCO2eRevenue: $M 3,545Scope 1 Intensity: 0.54 tCO2e/$MCCChina Bohai BankYear: 2024Scope 1: 1,900 tCO2eRevenue: $M 3,757Scope 1 Intensity: 0.51 tCO2e/$MBBBank of QingdaoYear: 2024Scope 1: 158 tCO2eRevenue: $M 1,680Scope 1 Intensity: 0.09 tCO2e/$M

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

In 2024, Bank of Qingdao reported a Scope 1 emissions intensity of 0.09 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.38, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2024, Bank of Qingdao ranked 4 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Bank of Qingdao among the top performers, with one of the lowest emissions intensities relative to peers.a

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