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 36 is higher than 86% 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, comprising 63,928,610 kg CO2e from Scope 1, 1,584,122,240 kg CO2e from Scope 2, and 65,500,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting, covering both direct and indirect emissions. In 2022, CCB's 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 has shown a slight reduction in Scope 1 emissions from 2021, where they reported 127,378,310 kg CO2e in Scope 1 and 1,516,076,170 kg CO2e in Scope 2. CCB has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for improvement in their climate strategy. The bank's emissions per employee have been reported at approximately 4,490 kg CO2e in 2023, demonstrating a focus on operational efficiency. Overall, while CCB has made strides in emissions reporting, the absence of defined reduction targets suggests a need for enhanced climate commitments to align with global sustainability goals.
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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 | 00,000,000 |
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.
