Bank of Shanghai Co Ltd
Bank of Shanghai's GHG Emissions Data Preview
In 2024, Bank of Shanghai 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Bank of Shanghai has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
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aVerified Sources Behind Bank of Shanghai’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 Shanghai’s data sources below and access millions more through our Disclosure Search.
Insights into Bank of Shanghai's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Bank of Shanghai amounted to 52,981.15 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 Shanghai increased by 1.07%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Bank of Shanghai's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Bank of Shanghai's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Bank of Shanghai were 2,980.77 metric tons of CO₂ equivalent (tCO₂e).a
Has Bank of Shanghai reduced its Scope 1 emissions over time?
Since 2021, Bank of Shanghai's Scope 1 emissions have decreased by 22.18%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Bank of Shanghai's Scope 1 emissions decreased by 24.97%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Bank of Shanghai's Scope 2 emissions?
In 2024, Bank of Shanghai reported Scope 2 greenhouse gas (GHG) emissions of 50,000.38 tCO₂e without specifying the calculation method.a
Has Bank of Shanghai reduced its Scope 2 emissions over time?
Since 2021, Bank of Shanghai's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 23.66%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Bank of Shanghai's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Bank of Shanghai's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Bank of Shanghai use for Scope 2 reporting?
In 2024, Bank of Shanghai reported its Scope 2 emissions using an unspecified methodology.a
Bank of Shanghai's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Bank of Shanghai's Value Chain Emissions
In 2024, Bank of Shanghai reported 10,200.46 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Bank of Shanghai includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Bank of Shanghai's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Bank of Shanghai's Scope 3 emissions?
In 2024, Bank of Shanghai reported total Scope 3 emissions of 10,200.46 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Bank of Shanghai's Scope 3 emissions increased by 30.13%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Bank of Shanghai disclose?
In 2024, Bank of Shanghai reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Bank of Shanghai's Scope 3 emissions?
In 2024, the largest contributors to Bank of Shanghai's Scope 3 emissions were:a
- Employee Commuting (Cat. 7): 6,399.4 tCO₂e (81.79%)
- Business Travel (Cat. 6): 1,148.02 tCO₂e (14.67%)
- Waste Generated in Operations (Cat. 5): 276.33 tCO₂e (3.53%)
Bank of Shanghai's Scope 3 Emissions by Categories
Insights into Bank of Shanghai’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Bank of Shanghai reported Scope 1 greenhouse gas (GHG) emissions of 2,980.77 tCO₂e and total revenues of USD 7,240 millions. This translates into an emissions intensity of 0.41 tCO₂e per millions USD.a
Bank of Shanghai's Scope 1 Emissions Intensity Compared to Peers
How does Bank of Shanghai's GHG emissions intensity compare to its peers?
In 2024, Bank of Shanghai reported a Scope 1 emissions intensity of 0.41 tCO₂e per millions USD. Compared to the peer group median of 0.37, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Bank of Shanghai rank on GHG emissions intensity within its industry?
In 2024, Bank of Shanghai ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Bank of Shanghai is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Bank of Shanghai's Total Carbon Footprint
In 2024, Bank of Shanghai reported a total carbon footprint of 63,181.61 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.85% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Bank of Shanghai's total carbon footprint was Scope 2 emissions, accounting for 79.14% of the company's total carbon footprint, followed by Scope 3 emissions at 16.14%.a