Bank of East Asia Ltd 2021 SR
The report highlights BEA's 2021 ESG performance, focusing on the development of a new ESG strategy and the completion of its first Climate Risk Stress Test. The bank achieved a 6.9% reduction in Scope 1 and 2 carbon emissions compared to 2020 and set a target to reduce emissions by 32% by 2030. BEA significantly increased its green lending, reaching over HK$22 billion in approved loans. Social initiatives included a decade-long commitment to palliative care and the launch of the 'Beyond Environmental Arts Festival' for youth education. The report also details progress in digital transformation and talent development, with over HK$25.7 million invested in training.
Company: Bank of East Asia Ltd
Sector: Finance & insurance
Country: Hong Kong
Year: 2021
Type: SR
Pages: 87
Bank of East Asia Ltd
The report highlights BEA's 2021 ESG performance, focusing on the development of a new ESG strategy and the completion of its first Climate Risk Stress Test. The bank achieved a 6.9% reduction in Scope 1 and 2 carbon emissions compared to 2020 and set a target to reduce emissions by 32% by 2030. BEA significantly increased its green lending, reaching over HK$22 billion in approved loans. Social initiatives included a decade-long commitment to palliative care and the launch of the 'Beyond Environmental Arts Festival' for youth education. The report also details progress in digital transformation and talent development, with over HK$25.7 million invested in training.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Apr 1, 2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees