China Citic Bank Corp Ltd
China Citic Bank's GHG Emissions Data Preview
In 2024, China Citic Bank 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).
China Citic Bank has also provided a category-level breakdown for 2 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 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
a
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Verified Sources Behind China Citic Bank’s Greenhouse Gas (GHG) Emissions Data
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Insights into China Citic Bank's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of China Citic Bank amounted to 213,832.95 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 China Citic Bank increased by 5.31%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
China Citic Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are China Citic Bank's Scope 1 emissions?
In 2024, the total Scope 1 emissions of China Citic Bank were 6,777.72 metric tons of CO₂ equivalent (tCO₂e). a
Has China Citic Bank reduced its Scope 1 emissions over time?
Since 2021, China Citic Bank's Scope 1 emissions have increased by 1.63%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), China Citic Bank's Scope 1 emissions decreased by 12.05%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are China Citic Bank's Scope 2 emissions?
In 2024, China Citic Bank reported Scope 2 greenhouse gas (GHG) emissions of 207,055.23 tCO₂e without specifying the calculation method. a
Has China Citic Bank reduced its Scope 2 emissions over time?
Since 2021, China Citic Bank's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 31.32%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), China Citic Bank's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that China Citic Bank 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does China Citic Bank use for Scope 2 reporting?
In 2024, China Citic Bank reported its Scope 2 emissions using an unspecified methodology. a
China Citic Bank's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into China Citic Bank's Value Chain Emissions
In 2024, China Citic Bank reported 22,080.6 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 China Citic Bank includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
China Citic Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are China Citic Bank's Scope 3 emissions?
In 2024, China Citic Bank reported total Scope 3 emissions of 22,080.6 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
What categories of Scope 3 emissions does China Citic Bank disclose?
In 2024, China Citic Bank reported emissions for 2 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 China Citic Bank's Scope 3 emissions?
In 2024, the largest contributors to China Citic Bank's Scope 3 emissions were: a
- Business Travel (Cat. 6): 17,479.87 tCO₂e (79.16%)
- Purchased Goods and Services (Cat. 1): 4,600.73 tCO₂e (20.84%)
China Citic Bank's Scope 3 Emissions by Categories
Insights into China Citic Bank's Total Carbon Footprint
In 2024, China Citic Bank reported a total carbon footprint of 235,913.55 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.18% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to China Citic Bank's total carbon footprint was Scope 2 emissions, accounting for 87.77% of the company's total carbon footprint, followed by Scope 3 emissions at 9.36%. a