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Ping An Bank Co Ltd
Ping An Bank's GHG Emissions Data Preview
In 2024, Ping An 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).
Ping An Bank has also provided a category-level breakdown for 1 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 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Ping An 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 Ping An Bank’s data sources below and access millions more through our Disclosure Search.
Insights into Ping An Bank's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofPing An Bank amounted to170,192.49metric 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 Ping An Bankdecreased by 7.19%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Ping An Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Ping An Bank's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Ping An Bank were 14,386.08 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Ping An Bank reduced its Scope 1 emissions over time?
Since 2022, Ping An Bank's Scope 1 emissions have increased by 785.81%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Ping An Bank's Scope 1 emissions decreased by 25.15%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Ping An Bank's Scope 2 emissions?
In 2024, Ping An Bank reported Scope 2 greenhouse gas (GHG) emissions of 155,806.41 tCOâ‚‚e without specifying the calculation method.a
Has Ping An Bank reduced its Scope 2 emissions over time?
Since 2022, Ping An Bank's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have remained relatively stable, indicating that Ping An Bank's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year(2023), Ping An Bank's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Ping An Bank's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Ping An Bank use for Scope 2 reporting?
In 2024, Ping An Bank reported its Scope 2 emissions using an unspecified methodology.a
Ping An Bank's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Ping An Bank's Value Chain Emissions
In 2024, Ping An Bank reported 14,392.5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Ping An Bank includes a breakdown across 1of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Ping An Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Ping An Bank's Scope 3 emissions?
In 2024, Ping An Bank reported total Scope 3 emissions of 14,392.5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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.a
Has Ping An Bank reduced its Scope 3 emissions over time?
Since 2022, Ping An Bank's Scope 3 emissionshave increased by 65.29%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Ping An Bank's Scope 3 emissions decreased by 29.08%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Ping An Bank disclose?
In 2024, Ping An Bank reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Ping An Bank's Scope 3 emissions?
In 2024, the largest contributors to Ping An Bank's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 53.61 tCOâ‚‚e(100%)
Ping An Bank's Scope 3 Emissions by Categories
Insights into Ping An Bank’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Ping An Bank reported Scope 1 greenhouse gas (GHG) emissions of 14,386.08 tCOâ‚‚e and total revenues of USD 20,101 millions. This translates into an emissions intensity of 0.72 tCOâ‚‚e per millions USD.a
Ping An Bank's Scope 1 Emissions Intensity Compared to Peers
How does Ping An Bank's GHG emissions intensity compare to its peers?
In 2024, Ping An Bank reported a Scope 1 emissions intensity of 0.72 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.37, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Ping An Bank rank on GHG emissions intensity within its industry?
In 2024, Ping An Bank ranked 23 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Ping An Bank among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Ping An Bank's Total Carbon Footprint
In 2024, Ping An Bank reported a total carbon footprint of 184,584.99 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.38% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Ping An Bank's total carbon footprint was Scope 2 emissions, accounting for 84.41% of the company's total carbon footprint, followed by Scope 3 emissions at 7.8%.a