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The Industrial and Commercial Bank of China (ICBC), headquartered in Beijing, China, stands as a leading entity in the financial intermediation services sector, specifically excluding insurance and pension funding services. Established in 1984, ICBC has grown to become one of the largest banks globally, with a significant presence in Asia, Europe, and the Americas.
ICBC offers a comprehensive range of financial products and services, including corporate banking, personal banking, and treasury operations. Its unique approach combines innovative technology with traditional banking practices, ensuring efficient service delivery. The bank's robust market position is underscored by its consistent ranking among the top financial institutions worldwide, reflecting its commitment to excellence and customer satisfaction.
-3 vs industry average
Industrial And Commercial Bank Of China’s score of 34 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation has typical carbon intensity
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Industrial And Commercial Bank Of China, a financial intermediation services provider headquartered in CN, reported total carbon emissions of approximately 1.88 billion kg CO2e for 2024. This total includes Scope 1 emissions of around 99.6 million kg CO2e and Scope 2 emissions of approximately 1.78 billion kg CO2e.
Looking at previous years, their total emissions for 2023 were approximately 2.03 billion kg CO2e, comprising Scope 1 emissions of about 100.6 million kg CO2e and Scope 2 emissions of approximately 1.93 billion kg CO2e. In 2022, total emissions stood at around 2.02 billion kg CO2e, with Scope 1 emissions at roughly 97.4 million kg CO2e and Scope 2 emissions at about 1.92 billion kg CO2e.
The company has disclosed Scope 1 and Scope 2 emissions data. They have not disclosed Scope 3 emissions, specifically noting missing data points for purchased goods and services.
Industrial And Commercial Bank Of China has not published any specific reduction targets, nor do they have Science Based Targets initiative (SBTi) approved targets or participate in The Climate Pledge. No information on cascaded emissions data from a parent or related organization is available.
No climate goals have been disclosed for Industrial And Commercial Bank Of China yet.
No scope 3 category breakdown has been disclosed yet.


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