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 53 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
BOC Hong Kong (Holdings) Limited's reported carbon emissions
In 2023, BOC Hong Kong (Holdings) Limited reported total carbon emissions of approximately 51,590,000 kg CO2e. This figure includes 548,000 kg CO2e from Scope 1 emissions, 50,953,000 kg CO2e from Scope 2 emissions, and 89,000 kg CO2e from Scope 3 emissions. The company has demonstrated a commitment to reducing its carbon footprint, achieving a significant decrease in total emissions from 65,385,000 kg CO2e in 2018 to the latest figure in 2023. Over the years, BOC Hong Kong has consistently reduced its emissions, with a notable drop from 65,472,000 kg CO2e in 2019 to 58,251,000 kg CO2e in 2020, and further down to 50,715,000 kg CO2e in 2021. The trend continued with emissions of 49,182,000 kg CO2e in 2022, indicating a proactive approach to climate commitments. Despite the absence of specific reduction targets or initiatives disclosed, the company has shown a commitment to sustainability through its emissions reporting and management practices. BOC Hong Kong's emissions intensity per employee has also improved, reflecting its efforts to enhance operational efficiency while reducing its environmental impact.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 333,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 65,003,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 49,000 | 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 committed to any reduction initiatives 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.
