The Export–Import Bank of China (China Eximbank), headquartered in Beijing, is a pivotal institution in the realm of international trade finance. Established in 1994, it has played a significant role in supporting Chinese enterprises in their global expansion efforts, particularly in Asia, Africa, and Latin America. As a state-owned policy bank, China Eximbank focuses on providing financial services that include export credit, import credit, and overseas investment financing. Its unique approach combines government support with commercial viability, enabling it to facilitate large-scale infrastructure projects and trade agreements. With a strong market position, China Eximbank has achieved notable milestones, including substantial contributions to the Belt and Road Initiative, reinforcing its status as a key player in global economic development.
How does Export–Import Bank of China'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.
Export–Import Bank of China's score of 36 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, the Export–Import Bank of China reported total carbon emissions of approximately 24,414,920,870 kg CO2e. This figure includes Scope 1 emissions of about 336,640 kg CO2e, Scope 2 emissions of approximately 60,120 kg CO2e, and Scope 3 emissions totalling around 1,180,020 kg CO2e. The Scope 3 emissions breakdown reveals significant contributions from purchased goods and services (approximately 264,500 kg CO2e), employee commuting (about 984,800 kg CO2e), and business travel (approximately 95,410 kg CO2e). In 2022, the bank's total emissions were reported at about 15,093,285,860 kg CO2e, with Scope 1 emissions of approximately 302,620 kg CO2e, Scope 2 emissions of around 209,120 kg CO2e, and Scope 3 emissions of about 990,080 kg CO2e. The previous year, 2021, saw total emissions of approximately 3,548,597,930 kg CO2e, with Scope 1 at about 263,200 kg CO2e, Scope 2 at around 604,830 kg CO2e, and Scope 3 emissions reaching approximately 1,031,990 kg CO2e. Despite these substantial emissions figures, the Export–Import Bank of China has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of documented reduction commitments suggests a need for enhanced transparency and accountability in their climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 263,200 | 000,000 | 000,000 |
Scope 2 | 604,830 | 000,000 | 00,000 |
Scope 3 | 1,031,990 | 000,000 | 0,000,000 |
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.
Export–Import Bank of China 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.