Industrial And Commercial Bank Of China

Industrial And Commercial Bank Of China (ICBC), a financial intermediation services provider headquartered in China, reported its most recent carbon emissions data for 2024. The bank's total emissions for 2024 were approximately 1.88 billion kg CO2e, comprising about 99.6 million kg CO2e from Scope 1 and approximately 1.78 billion kg CO2e from Scope 2. In 2023, the total emissions were about 2.03 billion kg CO2e (100.6 million kg CO2e Scope 1 and 1.93 billion kg CO2e Scope 2).

Historical data shows that in 2022, ICBC's total emissions were approximately 2.02 billion kg CO2e (97.4 million kg CO2e Scope 1 and 1.92 billion kg CO2e Scope 2). For 2021, only Scope 1 emissions were reported, totalling approximately 15.17 million kg CO2e. In earlier years, the bank also reported total emissions: around 85.25 billion kg CO2e in 2020 and approximately 89.86 billion kg CO2e in 2019. Scope 1 emissions for 2018 were about 50.65 million kg CO2e, and for 2017, they were approximately 49.52 million kg CO2e. Scope 2 emissions were reported as approximately 50.77 million kg CO2e in 2016, 107.75 million kg CO2e in 2015, and 102.31 million kg CO2e in 2014.

ICBC has not publicly disclosed specific reduction targets or commitments such as Science Based Targets (SBTi) or a Climate Pledge. The bank's reported emissions data primarily covers Scope 1 and Scope 2, with Scope 3 data largely missing, particularly for categories like purchased goods and services.