In 2024, ICBC 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) and Scope 2 (indirect emissions from purchased energy).
However, ICBC 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 | 99,600a | 100,600a | 97,400a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 1,776,000a | 1,929,200a | 1,923,900a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.8894a | 0.8531a | 0.7783a |
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In 2024, the total operational greenhouse gas (GHG) emissions of ICBC amounted to 1,875,600 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 ICBC decreased by 7.6%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of ICBC were 99,600 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, ICBC's Scope 1 emissions have decreased by 23.15%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), ICBC's Scope 1 emissions remained relatively stable, indicating that ICBC's emissions have plateaued with no significant change in its operational footprint.a
In 2024, ICBC reported Scope 2 greenhouse gas (GHG) emissions of 1,776,000 tCO₂e without specifying the calculation method.a
Since 2021, ICBC's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 12.64%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), ICBC's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that ICBC's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, ICBC reported its Scope 2 emissions using an unspecified methodology.a
In 2024, ICBC reported Scope 1 greenhouse gas (GHG) emissions of 99,600 tCO₂e and total revenues of USD 111,986 millions. This translates into an emissions intensity of 0.89 tCO₂e per millions USD.a
In 2024, ICBC reported a Scope 1 emissions intensity of 0.89 tCO₂e per millions USD. Compared to the peer group median of 0.56, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, ICBC ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
ICBC is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a