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Financial Intermediation
HK
updated 6 months ago

Bank of China (Hong Kong) Limited

Company website

Bank of China (Hong Kong) Limited, commonly referred to as BOCHK, is a leading financial institution headquartered in Hong Kong. Established in 1912, BOCHK has played a pivotal role in the region's banking landscape, offering a comprehensive range of services across retail, corporate, and investment banking sectors. With a strong presence in Hong Kong and significant operations in mainland China and other international markets, BOCHK is well-positioned to serve a diverse clientele. The bank's core products include personal banking, wealth management, and corporate financing, distinguished by their innovative solutions and customer-centric approach. Recognised for its robust financial performance and commitment to excellence, BOCHK has achieved numerous accolades, solidifying its status as a key player in the banking industry. Its strategic initiatives and dedication to sustainable development further enhance its market position, making it a trusted partner for individuals and businesses alike.

DitchCarbon Score

How does Bank of China (Hong Kong) 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.

56

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.

28

Industry Benchmark

Bank of China (Hong Kong) Limited's score of 56 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

76%

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Bank of China (Hong Kong) Limited's reported carbon emissions

Inherited from BOC Hong Kong (Holdings) Limited

Bank of China (Hong Kong) Limited currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The organisation is a current subsidiary of Bank of China (Hong Kong) Holdings Limited, which may influence its climate commitments and performance metrics. As a part of its climate strategy, Bank of China (Hong Kong) Limited inherits its emissions data and reduction initiatives from its parent company, BOC Hong Kong (Holdings) Limited, at a cascade level of 1. However, no specific reduction targets or climate pledges have been documented for this subsidiary. In the broader context, the banking sector is increasingly focusing on sustainability and carbon neutrality, with many institutions setting ambitious targets to reduce their carbon footprints. While Bank of China (Hong Kong) Limited has not publicly committed to specific science-based targets or initiatives, it is essential for financial institutions to align with global climate goals to mitigate climate change impacts. Overall, the lack of detailed emissions data and reduction commitments highlights an opportunity for Bank of China (Hong Kong) Limited to enhance its transparency and accountability in climate action.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20172018201920202021202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bank of China (Hong Kong) Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Bank of China (Hong Kong) Limited is in HK, which we do not have grid emissions data for.

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.

Bank of China (Hong Kong) 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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