China Merchants Bank Co Ltd
China Merchants Bank's GHG Emissions Data Preview
In 2024, China Merchants 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 Merchants Bank has also provided a category-level breakdown for 8 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.  a | Copy restricted. Please purchase to unlock this data.  a | 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
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
aCreate your Tracenable account today and download up to 5 company datasets of your choice for free. No credit card required.
Verified Sources Behind China Merchants Bank’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 China Merchants Bank’s data sources below and access millions more through our Disclosure Search.
Sign up for Tracenable and access millions of corporate disclosures, including annual reports and sustainability filings from global companies, completely free of charge.
Sign up for Tracenable and access millions of corporate disclosures, including annual reports and sustainability filings from global companies, completely free of charge.
Insights into China Merchants Bank's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of China Merchants Bank amounted to 519,200 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 Merchants Bank increased by 3.1%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
China Merchants Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are China Merchants Bank's Scope 1 emissions?
In 2024, the total Scope 1 emissions of China Merchants Bank were 53,300 metric tons of CO₂ equivalent (tCO₂e). a
Has China Merchants Bank reduced its Scope 1 emissions over time?
Since 2021, China Merchants Bank's Scope 1 emissions have increased by 231.06%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), China Merchants Bank's Scope 1 emissions increased by 81.91%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are China Merchants Bank's Scope 2 emissions?
In 2024, China Merchants Bank reported Scope 2 greenhouse gas (GHG) emissions of 465,900 tCO₂e without specifying the calculation method. a
Has China Merchants Bank reduced its Scope 2 emissions over time?
Since 2021, China Merchants Bank's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 19%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), China Merchants Bank's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that China Merchants Bank 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does China Merchants Bank use for Scope 2 reporting?
In 2024, China Merchants Bank reported its Scope 2 emissions using an unspecified methodology. a
China Merchants Bank's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into China Merchants Bank's Value Chain Emissions
In 2024, China Merchants Bank reported 2,800,600 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 Merchants Bank includes a breakdown across 8 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
China Merchants Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are China Merchants Bank's Scope 3 emissions?
In 2024, China Merchants Bank reported total Scope 3 emissions of 2,800,600 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 99.44% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.56% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has China Merchants Bank reduced its Scope 3 emissions over time?
Since 2021, China Merchants Bank's Scope 3 emissions have remained relatively stable, indicating that China Merchants Bank 's emissions have plateaued with no significant change in its value chain footprint. a b
Compared to the previous year (2023), China Merchants Bank's Scope 3 emissions remained relatively stable, indicating that China Merchants Bank 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does China Merchants Bank disclose?
In 2024, China Merchants Bank reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of China Merchants Bank's Scope 3 emissions?
In 2024, the largest contributors to China Merchants Bank's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 1,708,500 tCO₂e (61%)
- Capital Goods (Cat. 2): 779,100 tCO₂e (27.82%)
- Fuel- and Energy-Related Services (Cat. 3): 148,000 tCO₂e (5.28%)
China Merchants Bank's Scope 3 Emissions by Categories
Insights into China Merchants Bank's Total Carbon Footprint
In 2024, China Merchants Bank reported a total carbon footprint of 3,319,800 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.44% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to China Merchants Bank's total carbon footprint was Scope 3 emissions, accounting for 84.36% of the company's total carbon footprint, followed by Scope 2 emissions at 14.03%. a