China Construction Bank Sustainability Profile
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 47 is higher than 67% 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 total carbon emissions of approximately 1,648,050,850 kg CO2e, which includes Scope 1 and Scope 2 emissions. Specifically, Scope 1 emissions accounted for about 63,928,610 kg CO2e, while Scope 2 emissions were approximately 1,584,122,240 kg CO2e. The bank has not disclosed any Scope 3 emissions data for this year. CCB has set ambitious near-term climate commitments aimed at reducing carbon emissions across its operations. The bank plans to establish a comprehensive "carbon emission management platform" by 2025, which will enhance its ability to collect, analyse, and apply data on energy and resource consumption. This initiative is part of a broader strategy to strengthen its capacity for carbon reduction, specifically targeting both Scope 1 and Scope 2 emissions. In 2022, CCB's emissions were reported at approximately 1,613,315,090 kg CO2e for Scope 1 and Scope 2 combined, indicating a slight decrease in emissions from the previous year. The bank's ongoing efforts reflect a commitment to sustainability and alignment with global climate goals, although specific reduction targets in terms of percentage have not been disclosed. Overall, CCB's initiatives and emissions data underscore its commitment to addressing climate change and enhancing its environmental performance within the banking sector.
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| 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 22,948,780 | 000,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 258,872,220 | 0,000,000,000 | 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 |
How Carbon Intensive is China Construction Bank's Industry?
How Carbon Intensive is China Construction Bank's Location?
China Construction Bank's Scope 3 Categories Breakdown
China Construction Bank's Scope 3 emissions, which decreased by 7% last year and increased significantly since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
China Construction 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.
China Construction 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.
