- Climate change risks (policy, legal, technology, market, reputation, physical, and long-term natural factors)
- Systemic financial risks (real estate, overseas institutions)
China Merchants Bank Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, China Merchants Bank Co., Ltd. disclosed greenhouse gas emissions of 25.80 ten thousand tons of CO2 equivalent. By scope: Scope 1: 1.02 ten thousand tons of CO2 equivalent; Scope 2: 24.78 ten thousand tons of CO2 equivalent. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
25.80 ten thousand tons of CO2 equivalent
2022
Water Usage
188.46 ten thousand tons/year
2022
Waste
4.9K tons/year
2022
Energy Use
427.8K MWh/year
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.02 ten thousand tons of CO2 equivalent |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 24.78 ten thousand tons of CO2 equivalent |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 25.80 ten thousand tons of CO2 equivalent |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- By the end of 2022, the balance of green loans was RMB 355.357 billion, increased by RMB 91.515 billion over the end of the previous year, with a growth rate of 34.69%
- RMB 18.725 billion in carbon emission reduction loans issued, driving annual carbon emission reductions of 3.6436 million tons of carbon dioxide equivalent.
- Implemented the first ESG performance-linked loan in China's wind power equipment industry.
- Issued the first rural revitalization-themed green bond of a commercial bank in China and the first green bond of a commercial bank applicable to the China Green Bond Principles in China.
- Issued the first green bond of a joint-stock commercial bank overseas based on the China-EU Common Classification of Sustainable Finance - Mitigation of Climate Change.
- Saved 16.64 million pieces of paper by flexibly supporting paperless transactions on the online platform.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Strive to invest more than RMB 500 billion in the balance of green loans and green bonds by the end of 2025
🌱 ESG Focus Areas
Green financeInclusive financeConsumer rights protectionClimate changeCorporate governanceHuman capital developmentSocial contribution