China Construction Bank
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.
DitchCarbon Score
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.
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
China Construction Bank's score of 50 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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China Construction Bank's reported carbon emissions
In 2023, China Construction Bank (CCB) reported significant carbon emissions, totalling approximately 64,928,610 kg CO2e globally. This includes 63,928,610 kg CO2e from Scope 1 emissions, which encompass direct emissions from mobile and stationary combustion, and 1,584,122,240 kg CO2e from Scope 2 emissions, primarily from purchased electricity. Additionally, Scope 3 emissions were substantial, with about 16,994,913,260 kg CO2e attributed to purchased goods and services. In China, CCB's total emissions for 2023 were reported as 1,584,122,240 kg CO2e for Scope 1 and 2 combined, indicating a focus on reducing these emissions through various initiatives. The bank has set near-term reduction targets for both Scope 1 and Scope 2 emissions, aiming to enhance its carbon management capabilities by establishing a comprehensive carbon emission management platform and improving data collection and analysis related to energy consumption. These initiatives are set to commence in 2023 and conclude by 2025. CCB's commitment to climate action is evident in its strategic approach to carbon management, although specific reduction percentages have not been disclosed. The bank's efforts align with broader industry standards for climate accountability and sustainability, reflecting a proactive stance in addressing climate change impacts.
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| 2019 | 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 | 00,000,000,000 | 00,000,000,000 |
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.
China Construction Bank is not participating in any of the initiatives that 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.
