Industrial and Commercial Bank of China Ltd

Common Name
ICBC
Country
China (Mainland)
Sector
Financial Services
Industry
Banks - Diversified
Employees
415,159
Ticker
601398
Exchange
SHANGHAI STOCK EXCHANGE
Description
Industrial & Commercial Bank of China Limited, known as one of the largest banks in the world, primarily operates as a commercial banking institution. Its primary function is to provide a comprehensiv...

ICBC's GHG Emissions Data Preview

In 2023, 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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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 ICBC's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of ICBC amounted to 2,029,800 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 ICBC increased by 0.42%, suggesting that the company faced challenges in reducing its emissions from its core operations.

ICBC's Scope 1 Emissions Over Time

202120222023035 k70 k105 k140 ktCO2e-25%+3%
  • Total Scope 1
  • Year-over-Year Change

What are ICBC's Scope 1 emissions?

In 2023, the total Scope 1 emissions of ICBC were 100,600 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has ICBC reduced its Scope 1 emissions over time?

Since 2021, ICBC's Scope 1 emissions have decreased by 22.38%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), ICBC's Scope 1 emissions increased by 3.29%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are ICBC's Scope 2 emissions?

In 2023, ICBC reported Scope 2 greenhouse gas (GHG) emissions of 1,929,200 tCOâ‚‚e without specifying the calculation method.

Has ICBC reduced its Scope 2 emissions over time?

Since 2021, ICBC's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that ICBC 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), 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.

What methodology does ICBC use for Scope 2 reporting?

In 2023, ICBC reported its Scope 2 emissions using an unspecified methodology.

ICBC's Scope 2 Emissions Over Time

2021202220230550 k1.1 M1.65 M2.2 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)
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