China Construction Bank (CCB), headquartered in Beijing, China, is one of the largest financial institutions in the world. Founded in 1954, CCB has established a strong presence in various regions, including Asia, Europe, and North America, providing a wide range of banking and financial services. As a key player in the banking industry, CCB focuses on corporate banking, personal banking, and treasury operations. Its core products include loans, deposits, and wealth management services, distinguished by innovative digital solutions that enhance customer experience. With a robust market position, CCB has consistently ranked among the top banks globally, recognised for its financial strength and extensive network. The bank's commitment to sustainable development and technological advancement further solidifies its reputation as a leader in the financial sector.
How does China Construction 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.
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.
China Construction Bank's score of 19 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, China Construction Bank (CCB) reported total carbon emissions of approximately 1,648,050,850 kg CO2e. This figure includes 63,928,610 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and 1,584,122,240 kg CO2e from Scope 2 emissions. Additionally, Scope 3 emissions accounted for 17,602,430 kg CO2e, primarily from purchased goods and services. In 2022, CCB's total emissions were about 1,682,812,200 kg CO2e, with Scope 1 emissions at 69,497,110 kg CO2e and Scope 2 emissions at 1,613,315,090 kg CO2e. The bank's emissions have shown fluctuations over the years, with a notable decrease from 1,643,454,480 kg CO2e in 2021 to 1,481,223,320 kg CO2e in 2020. Despite these figures, CCB has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions intensity for business lending was reported at 0.06469 tCO2e per million USD lent in 2023, reflecting its operational impact relative to revenue. Overall, while CCB has made strides in tracking its emissions across various scopes, the lack of formal reduction commitments highlights an area for potential improvement in its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 115,242,340 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 1,459,672,380 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
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.
China Construction Bank 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.