Bohai Bank Sustainability Profile
Bohai Bank, officially known as Bohai Commercial Bank, is a prominent financial institution headquartered in Tianjin, China. Established in 2005, the bank has rapidly expanded its operations across major regions, including Beijing, Shanghai, and Guangdong, positioning itself as a key player in the Chinese banking sector. Specialising in corporate banking, retail banking, and wealth management, Bohai Bank offers a diverse range of products and services tailored to meet the needs of both individual and corporate clients. Its commitment to innovation and customer service distinguishes it from competitors, contributing to its growing market presence. With a focus on sustainable development and digital transformation, Bohai Bank has achieved significant milestones, including recognition for its robust financial performance and customer-centric approach. As it continues to evolve, the bank remains dedicated to enhancing its service offerings and expanding its footprint in the competitive banking landscape.
DitchCarbon Score
How does Bohai Bank'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
Bohai Bank's score of 22 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bohai Bank's reported carbon emissions
In 2024, Bohai Bank reported a total of approximately 3,070 kg CO2e in Scope 2 emissions, attributed to indirect greenhouse gas emissions from its Head Office. This figure represents a slight increase from the previous year, 2023, where the Scope 2 emissions were about 2,910 kg CO2e. Notably, the bank has not reported any Scope 1 emissions, indicating no direct emissions from owned or controlled sources. Bohai Bank has not established any specific reduction targets or initiatives as part of its climate commitments, nor does it participate in the Science Based Targets initiative (SBTi). The absence of defined reduction strategies suggests a need for enhanced climate action within the organisation. The emissions data is sourced directly from China Bohai Bank Co., Ltd., with no cascaded data from a parent or related organisation. As the bank continues to operate, it may benefit from developing a comprehensive climate strategy to address its carbon footprint and align with industry standards for sustainability.
How Carbon Intensive is Bohai Bank's Industry?
How Carbon Intensive is Bohai Bank's Location?
Bohai Bank's Climate Goals (2030 & 2050)
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.
Bohai Bank 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.
