Bank of China (Australia) Limited Sustainability Profile
Bank of China (Australia) Limited, a subsidiary of the renowned Bank of China, is headquartered in Australia and operates primarily in major cities such as Sydney and Melbourne. Established in 1992, it has since become a key player in the Australian banking sector, offering a range of financial services tailored to both individual and corporate clients. The bank's core offerings include personal banking, corporate finance, trade finance, and foreign exchange services, distinguished by their commitment to customer service and deep understanding of the Asia-Pacific market. With a strong focus on facilitating trade and investment between Australia and China, Bank of China (Australia) Limited has solidified its position as a trusted financial partner, recognised for its expertise in cross-border transactions and international banking solutions.
DitchCarbon Score
How does Bank of China (Australia) 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
Bank of China (Australia) Limited's score of 40 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bank of China (Australia) Limited currently does not have specific carbon emissions data available for the most recent year. The organisation is a current subsidiary of Bank of China Limited, which may influence its climate commitments and emissions reporting. As a subsidiary, Bank of China (Australia) Limited's climate initiatives and performance may be informed by the parent company's strategies. The emissions data and performance metrics are cascaded from Bank of China Limited, which operates at a higher corporate level. However, specific reduction targets or achievements for Bank of China (Australia) Limited have not been disclosed. The organisation has not set specific Science-Based Targets Initiative (SBTi) reduction targets or documented any significant climate pledges. This lack of publicly available data suggests that while the bank may be engaged in broader corporate sustainability efforts, detailed emissions reporting and reduction commitments specific to Bank of China (Australia) Limited are currently absent. In summary, Bank of China (Australia) Limited is part of a larger corporate family that may have climate commitments, but specific emissions data and reduction initiatives for this subsidiary remain unspecified.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 88,718,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,498,463,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000 |
How Carbon Intensive is Bank of China (Australia) Limited's Industry?
How Carbon Intensive is Bank of China (Australia) Limited's Location?
Bank of China (Australia) Limited's Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 1% of total emissions under the GHG Protocol, with "Waste Generated in Operations" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Bank of China (Australia) Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bank of China (Australia) Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
