Bank of East Asia Ltd 2021 AR2
The report highlights the financial and sustainability performance of The Bank of East Asia, Limited for the fiscal year 2021. During the year, the Bank established a Board-level ESG Committee and endorsed its ESG strategy framework, aiming to become a sustainability leader in Greater China. The Group set a carbon emissions reduction target to reduce Scope 1 and Scope 2 emissions by 32% by 2030 from a 2019 baseline, with an interim target of a 19% reduction by 2023. Additionally, the Bank launched a Green Mortgage Plan to encourage sustainable property purchases and signed a Memorandum of Understanding with the Hong Kong Quality Assurance Agency to promote green finance.
Company: Bank of East Asia Ltd
Sector: Finance & insurance
Country: Hong Kong
Year: 2021
Type: AR2
Pages: 380
Back to company
Bank of East Asia Ltd
Annual Report
The report highlights the financial and sustainability performance of The Bank of East Asia, Limited for the fiscal year 2021. During the year, the Bank established a Board-level ESG Committee and endorsed its ESG strategy framework, aiming to become a sustainability leader in Greater China. The Group set a carbon emissions reduction target to reduce Scope 1 and Scope 2 emissions by 32% by 2030 from a 2019 baseline, with an interim target of a 19% reduction by 2023. Additionally, the Bank launched a Green Mortgage Plan to encourage sustainable property purchases and signed a Memorandum of Understanding with the Hong Kong Quality Assurance Agency to promote green finance.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees