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BOC Hong Kong Holdings Ltd

Common Name
BOC Hong Kong Holdings
Country
Hong Kong
Sector
Financial Services
Industry
Banks - Regional
Employees
15,585
Ticker
2388
Exchange
Hong Kong Exchanges and Clearing Limited
Description
BOC Hong Kong Holdings Ltd. operates as a leading commercial banking group in Hong Kong. It primarily serves as the holding company for the Bank of China (Hong Kong) Limited, providing a comprehensive...

BOC Hong Kong Holdings's GHG Emissions Data Preview

In 2025, BOC Hong Kong Holdings 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).

However, BOC Hong Kong Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
464a
517a
548a
Total Scope 2
Unspecified Calculation Method
N/AN/AN/A
Total Scope 3
65a
79a
89a
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.0406a
0.0559a
0.0614a
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Verified Sources Behind BOC Hong Kong Holdings’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.

a. BOC Hong Kong Holdings's Sustainability Report 2025
b. BOC Hong Kong Holdings's TCFD Report 2022

Insights into BOC Hong Kong Holdings's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of BOC Hong Kong Holdings amounted to 46,908 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 2024, the total operational greenhouse gas (GHG) emissions of BOC Hong Kong Holdings decreased by 8.12%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

BOC Hong Kong Holdings's Scope 1 Emissions Over Time

2020202120222023202420250200400600800tCO2e-8%0%-5%-6%-10%
  • Total Scope 1
  • Year-over-Year Change

What are BOC Hong Kong Holdings's Scope 1 emissions?

In 2025, the total Scope 1 emissions of BOC Hong Kong Holdings were 464 metric tons of CO₂ equivalent (tCO₂e).a

Has BOC Hong Kong Holdings reduced its Scope 1 emissions over time?

Since 2020, BOC Hong Kong Holdings's Scope 1 emissions have decreased by 26.23%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2024), BOC Hong Kong Holdings's Scope 1 emissions decreased by 10.25%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are BOC Hong Kong Holdings's Scope 2 emissions?

In 2025, BOC Hong Kong Holdings reported Scope 2 greenhouse gas (GHG) emissions of 46,444 tCO₂e using the location-based method.a

Has BOC Hong Kong Holdings reduced its Scope 2 emissions over time?

Compared to the previous year (2024), BOC Hong Kong Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that BOC Hong Kong Holdings's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does BOC Hong Kong Holdings use for Scope 2 reporting?

In 2025, BOC Hong Kong Holdings reported its Scope 2 emissions using the location-based method.a

BOC Hong Kong Holdings's Scope 2 Emissions Over Time

202020212022202320242025015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into BOC Hong Kong Holdings's Value Chain Emissions

In 2025, BOC Hong Kong Holdings reported 65 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 2025 disclosure of BOC Hong Kong Holdings includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

BOC Hong Kong Holdings's Scope 3 Emissions Over Time

2020202120222023202420250255075100tCO2e-28%+34%+3%-11%-18%
  • Total Scope 3
  • Year-over-Year Change

What are BOC Hong Kong Holdings's Scope 3 emissions?

In 2025, BOC Hong Kong Holdings reported total Scope 3 emissions of 65 metric tons of CO₂ equivalent (tCO₂e).a

Has BOC Hong Kong Holdings reduced its Scope 3 emissions over time?

Since 2020, BOC Hong Kong Holdings's Scope 3 emissions have decreased by 26.97%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2024), BOC Hong Kong Holdings's Scope 3 emissions decreased by 17.72%, highlighting the company's efforts to lower indirect emissions from its value chain.a

Insights into BOC Hong Kong Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2025, BOC Hong Kong Holdings reported Scope 1 greenhouse gas (GHG) emissions of 464 tCO₂e and total revenues of USD 11,429 millions. This translates into an emissions intensity of 0.04 tCO₂e per millions USD.a

BOC Hong Kong Holdings's Scope 1 Emissions Intensity Compared to Peers

101001,0005,00050,000Scope 1 Emissions (tCO2e)2001,0002,00010,00050,000Revenues (Millions of USD)Bank of JiangsuYear: 2025Scope 1: 13,870 tCO2eRevenue: $M 12,521Scope 1 Intensity: 1.11 tCO2e/$MCredicorpYear: 2024Scope 1: 5,041 tCO2eRevenue: $M 1,685Scope 1 Intensity: 2.99 tCO2e/$MMonte dei Paschi di SienaYear: 2025Scope 1: 8,305 tCO2eRevenue: $M 5,831Scope 1 Intensity: 1.42 tCO2e/$MBank of NingboYear: 2025Scope 1: 251 tCO2eRevenue: $M 10,270Scope 1 Intensity: 0.02 tCO2e/$MM&T BankYear: 2024Scope 1: 17,889 tCO2eRevenue: $M 9,231Scope 1 Intensity: 1.94 tCO2e/$MShinhan Financial GroupYear: 2024Scope 1: 13,575 tCO2eRevenue: $M 12,178Scope 1 Intensity: 1.11 tCO2e/$MHuntington BancsharesYear: 2024Scope 1: 19,134 tCO2eRevenue: $M 7,385Scope 1 Intensity: 2.59 tCO2e/$MSwedbankYear: 2024Scope 1: 853 tCO2eRevenue: $M 6,654Scope 1 Intensity: 0.13 tCO2e/$MDNB BankYear: 2024Scope 1: 67 tCO2eRevenue: $M 7,456Scope 1 Intensity: 0.01 tCO2e/$MKotak Mahindra BankYear: 2025Scope 1: 15,508 tCO2eRevenue: $M 8,929Scope 1 Intensity: 1.74 tCO2e/$MBank Central AsiaYear: 2024Scope 1: 4,651 tCO2eRevenue: $M 6,764Scope 1 Intensity: 0.69 tCO2e/$MDanske BankYear: 2024Scope 1: 215 tCO2eRevenue: $M 7,875Scope 1 Intensity: 0.03 tCO2e/$MJapan Post BankYear: 2024Scope 1: 4,007 tCO2eRevenue: $M 12,709Scope 1 Intensity: 0.32 tCO2e/$MSkandinaviska Enskilda BankenYear: 2025Scope 1: 658 tCO2eRevenue: $M 8,361Scope 1 Intensity: 0.08 tCO2e/$MAxis BankYear: 2025Scope 1: 11,347 tCO2eRevenue: $M 9,935Scope 1 Intensity: 1.14 tCO2e/$MUnited Overseas BankYear: 2025Scope 1: 4,200 tCO2eRevenue: $M 10,706Scope 1 Intensity: 0.39 tCO2e/$MKB Financial GroupYear: 2024Scope 1: 22,510 tCO2eRevenue: $M 13,701Scope 1 Intensity: 1.64 tCO2e/$MFifth Third BancorpYear: 2025Scope 1: 11,066 tCO2eRevenue: $M 8,821Scope 1 Intensity: 1.25 tCO2e/$MSaudi National BankYear: 2025Scope 1: 7,976 tCO2eRevenue: $M 10,892Scope 1 Intensity: 0.73 tCO2e/$MOversea-Chinese BankingYear: 2024Scope 1: 132 tCO2eRevenue: $M 10,560Scope 1 Intensity: 0.01 tCO2e/$MNu HoldingsYear: 2024Scope 1: 24 tCO2eRevenue: $M 8,133Scope 1 Intensity: 0.00 tCO2e/$MDah Sing Financial HoldingsYear: 2025Scope 1: 85 tCO2eRevenue: $M 1,063Scope 1 Intensity: 0.08 tCO2e/$MDah Sing Banking GroupYear: 2025Scope 1: 69 tCO2eRevenue: $M 1,015Scope 1 Intensity: 0.07 tCO2e/$MBank of East AsiaYear: 2025Scope 1: 2,544 tCO2eRevenue: $M 2,592Scope 1 Intensity: 0.98 tCO2e/$MHang Seng BankYear: 2024Scope 1: 117 tCO2eRevenue: $M 5,346Scope 1 Intensity: 0.02 tCO2e/$MBOC Hong Kong HoldingsYear: 2025Scope 1: 464 tCO2eRevenue: $M 11,429Scope 1 Intensity: 0.04 tCO2e/$M

How does BOC Hong Kong Holdings's GHG emissions intensity compare to its peers?

In 2025, BOC Hong Kong Holdings reported a Scope 1 emissions intensity of 0.04 tCO₂e per millions USD. Compared to the peer group median of 0.69, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does BOC Hong Kong Holdings rank on GHG emissions intensity within its industry?

In 2025, BOC Hong Kong Holdings ranked 7 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

BOC Hong Kong Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into BOC Hong Kong Holdings's Total Carbon Footprint

In 2025, BOC Hong Kong Holdings reported a total carbon footprint of 46,973 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.14% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to BOC Hong Kong Holdings's total carbon footprint was Scope 2 emissions, accounting for 98.87% of the company's total carbon footprint, followed by Scope 1 emissions at 0.99%.a

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