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The Bank of East Asia (BEA), headquartered in Hong Kong, is a prominent player in the financial intermediation services sector, specifically excluding insurance and pension funding services. Established in 1918, BEA has evolved into one of the largest independent banks in Hong Kong, with a significant presence across Asia and beyond.
BEA offers a diverse range of core products and services, including personal banking, corporate banking, and wealth management, distinguished by their commitment to customer service and innovative financial solutions. The bank has achieved notable milestones, such as expanding its operations into mainland China and establishing a robust international network.
With a strong market position, BEA is recognised for its financial stability and customer-centric approach, making it a trusted choice for individuals and businesses seeking comprehensive banking solutions in a competitive landscape.
+4 vs industry average
Bank Of East Asia’s score of 41 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
The Bank of East Asia, headquartered in Hong Kong and operating within the financial intermediation services sector, has reported Scope 1 and 2 emissions for recent years. In 2025, its Scope 1 and 2 emissions totalled approximately 21.15 million kg CO2e (market-based). This figure includes about 2.54 million kg CO2e for Scope 1 and roughly 18.60 million kg CO2e for Scope 2. For 2024, the bank reported Scope 1 and 2 emissions of approximately 21.98 million kg CO2e (market-based), comprising about 2.25 million kg CO2e (Scope 1) and 19.73 million kg CO2e (Scope 2). In 2023, Scope 1 and 2 emissions were approximately 22.60 million kg CO2e.
The Bank of East Asia is committed to achieving net zero operational emissions by 2030, following science-based pathways. The bank is also aiming for a 39% reduction in Scope 1 and 2 emissions against a 2019 baseline by 2025. Notably, the bank reported achieving a 31% reduction in Scope 1 and 2 absolute emissions in 2023 compared to its 2019 baseline.
Scope 3 emissions data, such as purchased goods and services, is not yet disclosed. The Bank of East Asia's climate mitigation strategy is guided by its commitment to achieving net zero operational emissions within its operations by 2030.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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