Bank Asia PLC.

Greenhouse gas emissions & sustainability report data

๐Ÿ“Š Latest report period: 2023๐Ÿ—‚๏ธ Report periods on file: 2023, 2022, 2021, 2020, 2015, 2014-01 to 2014-06, 2013

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.

๐Ÿ“ˆ Emissions by Report Period

Report periodHeadline emissions figure reported
202249.8M tons (includes electricity diesel octane air travel road travel paper)
202110.0K tCO2e/year (estimated from report data)
20209.8K tons + 75.96 tons + 19.90 tons + 403.55 tons + 110.76 tons + 814.20 tons = 11122.73 tons CO2e (estimated from various sources)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

โœ… Reported Environmental Achievements

๐ŸŽฏ Climate & Sustainability Targets

๐Ÿ”œ Short-term

  • Strengthening bankโ€™s capital base
  • Maintain a sound asset portfolio
  • Attract new customer segments
  • Improve customer satisfaction
  • Increase productivity and engagement of employees

๐Ÿ“… Medium-term

  • Diversify our portfolio
  • Build state of the art IT infrastructure
  • Increasing market share
  • Further improvement of customer service
  • Move closer to โ€œnet-zero equationโ€

๐Ÿ”ญ Long-term

  • Become number 1 employee/ employer of choice
  • Continuous efforts and Investment on new banking product development
  • Investment in new IT innovation
  • Increasing investments in green financing

๐ŸŒฑ ESG Focus Areas

Sustainable BankingFinancial InclusionCommunity EngagementGreen FinanceSustainable Finance

โš ๏ธ Challenges & Risks +

  • High inflationary pressure
  • Exchange rate pressures
  • Substantial erosion of foreign exchange reserves
  • High Non-Performing Loan (NPL) in Banking sector
  • Global economic downturn
  • Foreign currency challenges
  • Strict import restrictions
  • Declining foreign exchange reserves
  • High NPL ratio (6.70%)

๐Ÿ“‹ Report Information

Reporting Period: 2023
Frameworks: GRI, IIRC
Assurance: MABS & J Partners, CRAB, BSI, Suraiya Parveen & Associates, Z Halim & Associates