Dah Sing Bank

Dah Sing Bank's reported carbon emissions

Dah Sing Bank, headquartered in Hong Kong and operating within financial intermediation services (excluding insurance and pension funding), has reported its carbon emissions for the period 2019-2024. In 2024, the bank's Scope 1 emissions were approximately 95,000 kg CO2e, with Scope 2 emissions totalling about 3,862,000 kg CO2e. This represents a combined total of approximately 3,957,000 kg CO2e for Scope 1 and 2 for the year. For 2023, Dah Sing Bank's Scope 1 emissions remained at approximately 95,000 kg CO2e, and Scope 2 emissions were around 4,252,000 kg CO2e, leading to a combined Scope 1 and 2 total of approximately 4,347,000 kg CO2e. The previous year, 2022, saw Scope 1 emissions of approximately 93,000 kg CO2e and Scope 2 emissions of approximately 4,240,000 kg CO2e, with a combined total of approximately 4,333,000 kg CO2e. In 2021, Scope 1 emissions were reported at approximately 13,000 kg CO2e and Scope 2 at approximately 4,357,000 kg CO2e, resulting in a combined total of approximately 4,370,000 kg CO2e. Moving further back, 2020's Scope 1 data is not available, but Scope 2 emissions were approximately 4,801,000 kg CO2e, with the combined Scope 1 and 2 total being the same. In 2019, Scope 1 emissions were also not disclosed, with Scope 2 emissions at approximately 5,373,000 kg CO2e, making this the combined Scope 1 and 2 total. Dah Sing Bank has not publicly disclosed Scope 3 emissions data for the years reported. The bank's sustainability reporting indicates that it is a current subsidiary and its reporting may be influenced by its parent organisation. Specific reduction targets, such as those set by the Science Based Targets initiative (SBTi), have not been detailed in the provided information. However, CDP disclosures are cascaded from Dah Sing Banking Group Limited at cascade level 1.