China Merchants Bank Co Ltd
China Merchants Bank's GHG Emissions Data Preview
In 2023, 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).
However, China Merchants Bank has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into China Merchants Bank's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of China Merchants Bank amounted to 449,800 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of China Merchants Bank increased by 2%, suggesting that the company faced challenges in reducing its emissions from its core operations.
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 2023, the total Scope 1 emissions of China Merchants Bank were 22,100 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has China Merchants Bank reduced its Scope 1 emissions over time?
Since 2021, China Merchants Bank's Scope 1 emissions have increased by 37.27%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), China Merchants Bank's Scope 1 emissions increased by 33.13%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are China Merchants Bank's Scope 2 emissions?
In 2023, China Merchants Bank reported Scope 2 greenhouse gas (GHG) emissions of 427,700 tCOâ‚‚e without specifying the calculation method.
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 remained relatively stable, indicating that China Merchants Bank 's emissions have plateaued with no significant change in its energy consumption footprint.
Compared to the previous year (2022), 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.
What methodology does China Merchants Bank use for Scope 2 reporting?
In 2023, China Merchants Bank reported its Scope 2 emissions using an unspecified methodology.
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 2023, China Merchants Bank reported 3,006,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of China Merchants Bank includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
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 2023, China Merchants Bank reported total Scope 3 emissions of 3,006,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has China Merchants Bank reduced its Scope 3 emissions over time?
Since 2021, China Merchants Bank's Scope 3 emissions have increased by 10.75%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), 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.
Insights into China Merchants Bank's Total Carbon Footprint
In 2023, China Merchants Bank reported a total carbon footprint of 3,456,600 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.77% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to China Merchants Bank's total carbon footprint was Scope 3 emissions, accounting for 86.99% of the company's total carbon footprint, followed by Scope 2 emissions at 12.37%.