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Industrial Bank Co Ltd

Common Name
Industrial Bank
Country
China (Mainland)
Sector
Financial Services
Industry
Banks - Regional
Employees
68,716
Ticker
601166
Exchange
SHANGHAI STOCK EXCHANGE
Description
Industrial Bank Co., Ltd. is a prominent commercial banking institution in China, renowned for its comprehensive banking services and financial solutions. Its primary role is to offer a wide array of ...

Industrial Bank's GHG Emissions Data Preview

In 2024, Industrial 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) and Scope 2 (indirect emissions from purchased energy).

However, Industrial Bank 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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a
0000000
Total Scope 2
Unspecified Calculation Method
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a
0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Industrial 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 Industrial Bank’s data sources below and access millions more through our Disclosure Search.

a. Industrial Bank's Sustainability Report 2024
a. Industrial Bank's Sustainability Report 2024
b. Industrial Bank's Sustainability Report 2021
b. Industrial Bank's Sustainability Report 2021

Insights into Industrial Bank's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofIndustrial Bank amounted to252,580.58metric 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 Industrial Bankdecreased by 2.49%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Industrial Bank's Scope 1 Emissions Over Time

202120222023202403 k6 k9 k12 ktCO2e+447%+20%-21%
  • Total Scope 1
  • Year-over-Year Change

What are Industrial Bank's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Industrial Bank were 9,302.64 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Industrial Bank reduced its Scope 1 emissions over time?

Since 2021, Industrial Bank's Scope 1 emissions have increased by 415.51%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Industrial Bank's Scope 1 emissions decreased by 21.46%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Industrial Bank's Scope 2 emissions?

In 2024, Industrial Bank reported Scope 2 greenhouse gas (GHG) emissions of 243,277.94 tCOâ‚‚e without specifying the calculation method.a

Has Industrial Bank reduced its Scope 2 emissions over time?

Since 2021, Industrial Bank's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 505.9%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Industrial Bank's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Industrial Bank's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Industrial Bank use for Scope 2 reporting?

In 2024, Industrial Bank reported its Scope 2 emissions using an unspecified methodology.a

Industrial Bank's Scope 2 Emissions Over Time

2021202220232024065 k130 k195 k260 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Industrial Bank’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Industrial Bank reported Scope 1 greenhouse gas (GHG) emissions of 9,302.64 tCOâ‚‚e and total revenues of USD 29,044 millions. This translates into an emissions intensity of 0.32 tCOâ‚‚e per millions USD.a

Industrial Bank's Scope 1 Emissions Intensity Compared to Peers

505002,00020,000200,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)BBJBPHSBHua Xia BankYear: 2024Scope 1: 2,700 tCO2eRevenue: $M 13,307Scope 1 Intensity: 0.20 tCO2e/$MBank of ShanghaiYear: 2024Scope 1: 2,981 tCO2eRevenue: $M 7,240Scope 1 Intensity: 0.41 tCO2e/$MBBBank of HangzhouYear: 2024Scope 1: 174 tCO2eRevenue: $M 5,201Scope 1 Intensity: 0.03 tCO2e/$MBank of JiangsuYear: 2024Scope 1: 9,505 tCO2eRevenue: $M 11,064Scope 1 Intensity: 0.86 tCO2e/$MGRCBYear: 2024Scope 1: 140 tCO2eRevenue: $M 2,350Scope 1 Intensity: 0.06 tCO2e/$MChina Merchants BankYear: 2024Scope 1: 53,300 tCO2eRevenue: $M 45,881Scope 1 Intensity: 1.16 tCO2e/$MChina Minsheng BankingYear: 2024Scope 1: 6,931 tCO2eRevenue: $M 18,676Scope 1 Intensity: 0.37 tCO2e/$MBank of SuzhouYear: 2024Scope 1: 630 tCO2eRevenue: $M 1,665Scope 1 Intensity: 0.38 tCO2e/$MChina Everbright BankYear: 2024Scope 1: 2,872 tCO2eRevenue: $M 18,550Scope 1 Intensity: 0.15 tCO2e/$MBBBank of NingboYear: 2024Scope 1: 355 tCO2eRevenue: $M 9,124Scope 1 Intensity: 0.04 tCO2e/$MQingdao Rural Commercial BankYear: 2023Scope 1: 155 tCO2eRevenue: $M 1,449Scope 1 Intensity: 0.11 tCO2e/$MJJJiangsu Changshu Rural Commercial BankYear: 2023Scope 1: 966 tCO2eRevenue: $M 1,373Scope 1 Intensity: 0.70 tCO2e/$MBank of BeijingYear: 2024Scope 1: 5,965 tCO2eRevenue: $M 9,543Scope 1 Intensity: 0.63 tCO2e/$MBank of NanjingYear: 2024Scope 1: 2,645 tCO2eRevenue: $M 6,764Scope 1 Intensity: 0.39 tCO2e/$MChina Citic BankYear: 2024Scope 1: 6,778 tCO2eRevenue: $M 29,151Scope 1 Intensity: 0.23 tCO2e/$MBank of GuiyangYear: 2023Scope 1: 1,438 tCO2eRevenue: $M 2,124Scope 1 Intensity: 0.68 tCO2e/$MBBBank of GuizhouYear: 2024Scope 1: 2,321 tCO2eRevenue: $M 1,915Scope 1 Intensity: 1.21 tCO2e/$MPing An BankYear: 2024Scope 1: 14,386 tCO2eRevenue: $M 20,101Scope 1 Intensity: 0.72 tCO2e/$MBank of ChangshaYear: 2024Scope 1: 876 tCO2eRevenue: $M 3,553Scope 1 Intensity: 0.25 tCO2e/$MChina Zheshang BankYear: 2024Scope 1: 3,464 tCO2eRevenue: $M 9,016Scope 1 Intensity: 0.38 tCO2e/$MPPPostal Savings Bank of ChinaYear: 2024Scope 1: 5,547 tCO2eRevenue: $M 32,138Scope 1 Intensity: 0.17 tCO2e/$MSPD BankYear: 2024Scope 1: 3,200 tCO2eRevenue: $M 23,358Scope 1 Intensity: 0.14 tCO2e/$MHHHuishang BankYear: 2024Scope 1: 2,519 tCO2eRevenue: $M 5,036Scope 1 Intensity: 0.50 tCO2e/$MSSShanghai Rural Commercial BankYear: 2024Scope 1: 1,917 tCO2eRevenue: $M 3,545Scope 1 Intensity: 0.54 tCO2e/$MBBBank of QingdaoYear: 2024Scope 1: 158 tCO2eRevenue: $M 1,680Scope 1 Intensity: 0.09 tCO2e/$MIndustrial BankYear: 2024Scope 1: 9,303 tCO2eRevenue: $M 29,044Scope 1 Intensity: 0.32 tCO2e/$M

How does Industrial Bank's GHG emissions intensity compare to its peers?

In 2024, Industrial Bank reported a Scope 1 emissions intensity of 0.32 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.38, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Industrial Bank rank on GHG emissions intensity within its industry?

In 2024, Industrial Bank ranked 12 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Industrial Bank is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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