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 38 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 emissions from all three scopes: Scope 1 emissions were about 336,640 kg CO2e, Scope 2 emissions totalled approximately 60,120 kg CO2e, and Scope 3 emissions reached around 1,180,020 kg CO2e. Notably, the Scope 3 emissions included significant contributions from purchased goods and services (approximately 264,500 kg CO2e) and employee commuting (about 984,800 kg CO2e). In 2022, the bank's total emissions were approximately 15,093,285,860 kg CO2e, with Scope 1 emissions at about 302,620 kg CO2e, Scope 2 emissions at approximately 209,120 kg CO2e, and Scope 3 emissions around 990,080 kg CO2e. The previous year, 2021, saw total emissions of about 3,548,597,930 kg CO2e, with Scope 1 at approximately 263,200 kg CO2e, Scope 2 at about 604,830 kg CO2e, and Scope 3 at around 1,031,990 kg CO2e. Despite these substantial emissions figures, the Export–Import Bank of China 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 data reflects its operational scale and the impact of its activities on global carbon emissions, highlighting the need for ongoing assessment and potential future commitments to climate action.
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 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.