China Construction Bank
China Construction Bank (CCB), headquartered in Beijing, China, is one of the largest financial institutions in the world. Founded in 1954, CCB has established a strong presence in various regions, including Asia, Europe, and North America, providing a wide range of banking and financial services. As a key player in the banking industry, CCB focuses on corporate banking, personal banking, and treasury operations. Its core products include loans, deposits, and wealth management services, distinguished by innovative digital solutions that enhance customer experience. With a robust market position, CCB has consistently ranked among the top banks globally, recognised for its financial strength and extensive network. The bank's commitment to sustainable development and technological advancement further solidifies its reputation as a leader in the financial sector.
DitchCarbon Score
How does China Construction Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
China Construction Bank's score of 50 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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China Construction Bank's reported carbon emissions
In 2023, China Construction Bank (CCB) reported significant carbon emissions, totalling approximately 1,648,050,850 kg CO2e globally. This figure includes 63,928,610 kg CO2e from Scope 1 emissions, primarily from mobile and stationary combustion, and 1,584,122,240 kg CO2e from Scope 2 emissions related to purchased electricity. Additionally, Scope 3 emissions were substantial, with about 16,994,913,260 kg CO2e attributed to purchased goods and services. In China, CCB's emissions for 2023 were reported as 1,584,122,240 kg CO2e for Scope 1 and 2 combined, while in New Zealand, the bank's emissions included 7,680 kg CO2e from Scope 1 and 13,170 kg CO2e from Scope 2. The bank's commitment to reducing its carbon footprint is evident in its near-term initiatives, which aim to enhance its carbon emission management capabilities across all levels of the organisation by 2025. This includes establishing a comprehensive database for energy consumption and improving data collection and analysis. CCB has not yet set specific Science-Based Targets Initiative (SBTi) reduction targets but is actively working towards net-zero commitments, focusing on both Scope 1 and Scope 2 emissions. The bank's proactive approach reflects its dedication to addressing climate change and reducing its overall environmental impact.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 115,242,340 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,459,672,380 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
China Construction Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
