Bank of Communications International Trust Co., Ltd., commonly referred to as BOCOMM Trust, is a prominent player in the financial services industry, headquartered in China. Established in 2003, the company has rapidly expanded its operations across major regions, including Asia and beyond, solidifying its position in the trust and asset management sectors. BOCOMM Trust offers a diverse range of core products and services, including wealth management, investment trusts, and structured finance solutions. Its unique approach combines innovative financial strategies with a deep understanding of market dynamics, catering to both individual and institutional clients. With a commitment to excellence, BOCOMM Trust has achieved significant milestones, positioning itself as a trusted partner in the financial landscape.
How does Bank of Communications International Trust Co., Ltd.'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.
Mean score of companies in the Business Services 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.
Bank of Communications International Trust Co., Ltd.'s score of 38 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bank of Communications International Trust Co., Ltd., headquartered in China (CN), currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The company is a current subsidiary of Bank of Communications Co., Ltd., which may influence its climate-related initiatives and commitments. As of now, there are no documented reduction targets or climate pledges from Bank of Communications International Trust Co., Ltd. However, it is important to note that emissions data and climate commitments may be inherited from its parent company, Bank of Communications Co., Ltd., which operates under the broader corporate family relationship. Given the absence of specific emissions data and reduction initiatives, the company may still be aligning its strategies with industry standards and practices, potentially following the climate commitments set forth by its parent organisation. For a comprehensive understanding of its climate impact and commitments, stakeholders may need to refer to the emissions and sustainability reports of Bank of Communications Co., Ltd.
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 975,980 | 000,000 |
| Scope 2 | 9,836,120 | 0,000,000 |
| Scope 3 | 507,350 | 000,000 |
Bank of Communications International Trust Co., Ltd.'s Scope 3 emissions, which increased by 13% last year and increased by approximately 13% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 10% of total emissions under the GHG Protocol, with "Waste Generated in Operations" being the largest emissions source at 83% of Scope 3 emissions.
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 Communications International Trust Co., Ltd. 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.