Oversea-Chinese Banking Corporation Ltd
Oversea-Chinese Banking's GHG Emissions Data Preview
In 2023, Oversea-Chinese Banking 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).
Oversea-Chinese Banking has also provided a category-level breakdown for 2 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 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 Oversea-Chinese Banking's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Oversea-Chinese Banking amounted to 68,481 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 Oversea-Chinese Banking increased by 7.05%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Oversea-Chinese Banking's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Oversea-Chinese Banking's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Oversea-Chinese Banking were 147 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Oversea-Chinese Banking reduced its Scope 1 emissions over time?
Since 2021, Oversea-Chinese Banking's Scope 1 emissions have decreased by 37.97%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Oversea-Chinese Banking's Scope 1 emissions decreased by 8.13%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Oversea-Chinese Banking's Scope 2 emissions?
In 2023, Oversea-Chinese Banking reported Scope 2 greenhouse gas (GHG) emissions of 23,501 tCOâ‚‚e using the market-based method, and 68,334 tCOâ‚‚e using the location-based method.
Has Oversea-Chinese Banking reduced its Scope 2 emissions over time?
Since 2021, Oversea-Chinese Banking's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Oversea-Chinese Banking 's emissions have plateaued with no significant change in its energy consumption footprint.
Compared to the previous year (2022), Oversea-Chinese Banking's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Oversea-Chinese Banking 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Oversea-Chinese Banking use for Scope 2 reporting?
In 2023, Oversea-Chinese Banking reported its Scope 2 emissions using the market-based method and using the location-based method.
Oversea-Chinese Banking's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Oversea-Chinese Banking's Value Chain Emissions
In 2023, Oversea-Chinese Banking reported 3,849 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 Oversea-Chinese Banking includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, down from 2 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.
Oversea-Chinese Banking's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Oversea-Chinese Banking's Scope 3 emissions?
In 2023, Oversea-Chinese Banking reported total Scope 3 emissions of 3,849 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Oversea-Chinese Banking reduced its Scope 3 emissions over time?
Since 2021, Oversea-Chinese Banking's Scope 3 emissions have decreased by 99.97%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Oversea-Chinese Banking's Scope 3 emissions decreased by 99.97%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does Oversea-Chinese Banking disclose?
In 2023, Oversea-Chinese Banking reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Oversea-Chinese Banking's Scope 3 emissions?
In 2023, the largest contributors to Oversea-Chinese Banking's Scope 3 emissions were:
- Business Travel (Cat. 6): 3,849 tCOâ‚‚e (100%)
Oversea-Chinese Banking's Scope 3 Emissions by Categories
Insights into Oversea-Chinese Banking's Total Carbon Footprint
In 2023, Oversea-Chinese Banking reported a total carbon footprint of 72,330 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 99.41% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Oversea-Chinese Banking's total carbon footprint was Scope 2 emissions, accounting for 94.48% of the company's total carbon footprint, followed by Scope 3 emissions at 5.32%.