Industrial And Commercial Bank Of China Sustainability Profile
The Industrial and Commercial Bank of China (ICBC), headquartered in Beijing, China, stands as a leading financial institution in the global banking sector. Founded in 1984, ICBC has grown to become one of the largest banks in the world, with a significant presence in Asia, Europe, and the Americas. Specialising in corporate banking, personal banking, and treasury operations, ICBC offers a diverse range of services, including loans, deposits, and wealth management solutions. Its commitment to innovation and customer service distinguishes it in a competitive market. With numerous accolades, including being ranked among the top banks globally by assets, ICBC continues to solidify its market position through strategic expansion and a robust digital banking platform, catering to the evolving needs of its clientele.
DitchCarbon Score
How does Industrial And Commercial 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.
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
Industrial And Commercial Bank Of China's score of 37 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industrial And Commercial Bank Of China's reported carbon emissions
In 2024, the Industrial and Commercial Bank of China (ICBC) reported total global emissions of approximately 1,875,600,000 kg CO2e, comprising 99,600,000 kg CO2e from Scope 1 and 1,776,000,000 kg CO2e from Scope 2 emissions. In the previous year, 2023, ICBC's total emissions were about 2,029,800,000 kg CO2e, with Scope 1 emissions at 100,600,000 kg CO2e and Scope 2 emissions at 1,929,200,000 kg CO2e. The bank has not disclosed any Scope 3 emissions data, nor has it set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). However, it has reported various emissions intensities, such as building emissions intensity of about 75,800 kg CO2e per m² and per capita emissions intensity of approximately 4,300 kg CO2e per employee in 2024. ICBC's emissions data is not cascaded from any parent organization, and all reported figures are derived directly from its own disclosures. The bank's commitment to addressing climate change remains vague, with no specific climate pledges or documented reduction targets available.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 102,313,250 | 000,000,000 | 00,000,000 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Industrial And Commercial Bank Of China's Industry?
How Carbon Intensive is Industrial And Commercial Bank Of China's Location?
Industrial And Commercial Bank Of China'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.
Industrial And Commercial Bank Of China 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.
