Bank of East Asia Ltd 2022 SR
The report highlights The Bank of East Asia's commitment to achieving net zero emissions in its operations by 2030 and in its financed activities by 2050. In 2022, the company became the first Hong Kong-headquartered bank to join the Partnership for Carbon Accounting Financials (PCAF). The Group significantly expanded its green and sustainable finance (GSF) portfolio, with GSF loans and ESG bond investments reaching HK$55.9 billion, representing 10.9% of total corporate assets. Operationally, the bank achieved a 29.7% reduction in Scope 1 and 2 emissions compared to its 2019 baseline. Socially, the bank invested over HK$27.7 million in employee training and contributed more than 9,000 volunteer hours to community initiatives.
Company: Bank of East Asia Ltd
Sector: Finance & insurance
Country: Hong Kong
Year: 2022
Type: SR
Pages: 102
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Bank of East Asia Ltd
ESG Report
The report highlights The Bank of East Asia's commitment to achieving net zero emissions in its operations by 2030 and in its financed activities by 2050. In 2022, the company became the first Hong Kong-headquartered bank to join the Partnership for Carbon Accounting Financials (PCAF). The Group significantly expanded its green and sustainable finance (GSF) portfolio, with GSF loans and ESG bond investments reaching HK$55.9 billion, representing 10.9% of total corporate assets. Operationally, the bank achieved a 29.7% reduction in Scope 1 and 2 emissions compared to its 2019 baseline. Socially, the bank invested over HK$27.7 million in employee training and contributed more than 9,000 volunteer hours to community initiatives.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Feb 1, 2023
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