Ping An Bank Co Ltd
Ping An Bank's GHG Emissions Data Preview
In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  | 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. | 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. | 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.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
a
aVerified Sources Behind Ping An Bank’s Greenhouse Gas (GHG) Emissions Data
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Insights into Ping An Bank's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Ping An Bank amounted to 183,385.69 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 2022, the total operational greenhouse gas (GHG) emissions of Ping An Bank increased by 12.29%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
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 2023, the total Scope 1 emissions of Ping An Bank were 19,220.83 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2022), Ping An Bank's Scope 1 emissions increased by 1,083.5%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b
What are Ping An Bank's Scope 2 emissions?
In 2023, Ping An Bank reported Scope 2 greenhouse gas (GHG) emissions of 164,164.86 tCO₂e without specifying the calculation method. a
Has Ping An Bank reduced its Scope 2 emissions over time?
Compared to the previous year (2022), 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 2023, 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 2023, Ping An Bank reported 20,294.39 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Ping An Bank includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, 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 2023, Ping An Bank reported total Scope 3 emissions of 20,294.39 metric tons of CO₂ equivalent (tCO₂e). 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
Compared to the previous year (2022), Ping An Bank's Scope 3 emissions increased by 133.07%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Ping An Bank disclose?
In 2023, 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 2023, the largest contributors to Ping An Bank's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 70.69 tCO₂e (100%)
Ping An Bank's Scope 3 Emissions by Categories
Insights into Ping An Bank’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Ping An Bank reported Scope 1 greenhouse gas (GHG) emissions of 19,220.83 tCO₂e and total revenues of USD 23,155 millions. This translates into an emissions intensity of 0.83 tCO₂e 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 2023, Ping An Bank reported a Scope 1 emissions intensity of 0.83 tCO₂e per millions USD. Compared to the peer group median of 0.38 , 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 2023, Ping An Bank ranked 23 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2023, Ping An Bank reported a total carbon footprint of 203,680.08 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 18.4% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to Ping An Bank's total carbon footprint was Scope 2 emissions, accounting for 80.6% of the company's total carbon footprint, followed by Scope 3 emissions at 9.96%. a