BOC Hong Kong (Holdings) Limited
BOC Hong Kong (Holdings) Limited, commonly referred to as BOCHK, is a leading financial institution headquartered in Hong Kong. Established in 1917, the company has grown to become a pivotal player in the banking and financial services industry, primarily serving the Greater China region and beyond. As a subsidiary of the Bank of China, BOCHK offers a comprehensive range of services, including corporate banking, personal banking, and wealth management. Its unique position in the market is bolstered by its strong ties to mainland China, providing clients with unparalleled access to cross-border financial solutions. With a commitment to innovation and customer service, BOCHK has achieved numerous accolades, solidifying its reputation as a trusted financial partner. The bank continues to expand its footprint, adapting to the evolving needs of its diverse clientele while maintaining a strong focus on sustainable growth.
DitchCarbon Score
How does BOC Hong Kong (Holdings) Limited'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
BOC Hong Kong (Holdings) Limited's score of 61 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BOC Hong Kong (Holdings) Limited's reported carbon emissions
In 2024, BOC Hong Kong (Holdings) Limited reported total carbon emissions of approximately 51,754,000 kg CO2e, comprising 517,000 kg CO2e from Scope 1, 50,537,000 kg CO2e from Scope 2, and 79,000 kg CO2e from Scope 3. This represents a slight decrease from 2023, where total emissions were about 51,501,000 kg CO2e, with Scope 1 emissions at 548,000 kg CO2e, Scope 2 at 50,953,000 kg CO2e, and Scope 3 at 89,000 kg CO2e. The company has set ambitious climate commitments, including a significant reduction initiative through the South East New Territories Landfill Gas Utilisation Project, which aims to reduce emissions by 56,000 tonnes CO2e annually from both Scope 1 and Scope 2. This project is expected to be operational by 2025 and is equivalent to the carbon absorption of approximately 2.4 million trees. Data for BOC Hong Kong's emissions is cascaded from its parent organization, BOC Hong Kong (Holdings) Limited, reflecting a corporate family relationship. The company has disclosed emissions across all three scopes, demonstrating a comprehensive approach to climate accountability.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 324,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 65,087,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 107,000 | 000,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
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.
BOC Hong Kong (Holdings) Limited 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.
