Binhai Investment

Binhai Investment, a Hong Kong-based company in financial intermediation services, reported its most recent carbon emissions for 2025. The company's total emissions for 2025 were approximately 3.84 billion kg CO2e. This included Scope 1 emissions of about 1.93 million kg CO2e, Scope 2 emissions (from purchased electricity) of approximately 1.71 million kg CO2e, and substantial Scope 3 emissions of around 3.84 billion kg CO2e. A significant portion of Scope 3 emissions came from the use of sold products, accounting for about 3.83 billion kg CO2e. Other Scope 3 categories included purchased goods and services (approximately 6.37 million kg CO2e), employee commute (about 677,610 kg CO2e), fuel and energy-related activities (around 475,440 kg CO2e), waste generated in operations (approximately 51,630 kg CO2e), and business travel (about 31,020 kg CO2e).

In comparison, Binhai Investment's total emissions for 2024 were significantly lower at approximately 8.55 million kg CO2e, with Scope 1 emissions at about 2.34 million kg CO2e, Scope 2 emissions from purchased electricity at roughly 2.33 million kg CO2e, and Scope 3 emissions around 709,570 kg CO2e. The dramatic increase in 2025 is largely attributable to the inclusion of 'use of sold products' in Scope 3, a category not present in the 2024 data.

For 2023, the company reported total emissions of approximately 6.07 million kg CO2e, comprising about 2.63 million kg CO2e in Scope 1, around 2.66 million kg CO2e in Scope 2 (purchased electricity), and approximately 50,760 kg CO2e in Scope 3.

Going back to 2022, total emissions were not available as a pre-calculated sum, but Scope 1 emissions were approximately 13.17 million kg CO2e, Scope 2 emissions from purchased electricity were about 2.18 million kg CO2e, and Scope 3 emissions were around 44,000 kg CO2e.

In 2021, Scope 1 emissions were approximately 5.93 million kg CO2e, Scope 2 emissions from purchased electricity were about 2.10 million kg CO2e, and Scope 3 emissions were around 59,480 kg CO2e.

For 2020, Scope 1 emissions were approximately 11.57 million kg CO2e, Scope 2 emissions from purchased electricity were about 1.55 million kg CO2e, and Scope 3 emissions were around 22,720 kg CO2e.

Earlier data for 2019 showed Scope 1 data was not available, while Scope 2 emissions from purchased electricity were approximately 134,110 kg CO2e, and Scope 3 emissions, including business travel and waste generated in operations, were about 11,170 kg CO2e.

In 2018, Scope 1 data was not available, Scope 2 emissions from purchased electricity were approximately 136,220 kg CO2e, and Scope 3 emissions, including business travel and waste generated in operations, totalled around 9,190 kg CO2e.

For 2017, the company reported Scope 1 emissions from mobile combustion of approximately 53,640 kg CO2e. Scope 2 emissions included about 16.29 million kg CO2e from purchased heat and 156,470 kg CO2e from purchased electricity. Scope 3 emissions from business travel and waste generated in operations amounted to around 11,120 kg CO2e.

Binhai Investment has not published any specific document-based or SBTi reduction targets. The company's climate commitments are currently reflected through its consistent reporting of Scope 1, 2, and 3 emissions. All reported emissions data originates directly from Binhai Investment Company Limited.