- COVID-19 pandemic and lockdowns.
- Typhoons Fabian and Odette.
- Supply chain challenges.
- Increased credit risks.
- Expected increase in non-performing loans (NPLs).
- Cyber security threats.
- Data privacy concerns.
China Banking Corporation
Greenhouse gas emissions & sustainability report data
In its 2021 reporting, China Banking Corporation disclosed greenhouse gas emissions of 35.9K tCO2e/year. By scope: Scope 1: 19.1K tCO2e/year; Scope 2: 16.8K tCO2e/year. 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
35.9K tCO2e/year
2021
Water Usage
306.3K m3/year
2021
Energy Use
22.4K MWh/year
2021
📊 Emissions by Scope (2021)
| 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). | 19.1K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 16.8K tCO2e/year |
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 |
|---|---|
| 2021 | 35.9K tCO2e/year |
| 2020 | 23.2K metric tons CO2e (2020) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Continued financing of renewable and green projects, resulting in avoided greenhouse gas emissions.
- Restoration of the China Bank Binondo building, preserving heritage and helping revive Binondo.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Develop an exploratory plan for incorporating environmental and social risk exposure in our lending process.
- Implement action plans to reduce utility consumption and waste generation.
📅 Medium-term
- Integrate environmental and social (E&S) risk assessment in the overall credit risk management process by 2023.
🌱 ESG Focus Areas
Financial InclusionData PrivacyCyber SecurityConsumer ProtectionEnvironmental ProtectionCorporate CitizenshipEmployee SuccessBusiness IntegrityStrong Stakeholder RelationshipsSustainable Finance