Public Profile

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.

35

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.

13

Industry Benchmark

BOC Hong Kong (Holdings) Limited's score of 35 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

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. Over the past few years, the company has demonstrated a commitment to reducing its carbon footprint. Notably, emissions decreased from about 65,385,000 kg CO2e in 2018 to 51,590,000 kg CO2e in 2023, reflecting a significant reduction in total emissions. The Scope 1 and 2 emissions combined also saw a decline from 65,003,000 kg CO2e in 2018 to 51,501,000 kg CO2e in 2023. Despite these reductions, BOC Hong Kong (Holdings) Limited has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to monitor and report its emissions across all scopes, indicating a commitment to transparency in its climate impact.

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Add to project
201820192020202120222023
Scope 1
333,000
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
Scope 3
49,000
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. BOC Hong Kong (Holdings) 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. BOC Hong Kong (Holdings) Limited is headquartered 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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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