Bank of East Asia Ltd 2023 AR2
The report highlights The Bank of East Asia's financial and sustainability progress in 2023. The bank achieved a pre-provision operating profit of HK$11,314 million, representing a 29.6% increase from 2022. In sustainability, BEA became the first Chinese member of the Net-Zero Banking Alliance and set interim financed emission reduction targets for its energy and power portfolios. Additionally, the bank established a Group-wide Sustainable Building Policy and achieved a 31% reduction in Scope 1 and 2 absolute emissions compared to the 2019 baseline.
Company: Bank of East Asia Ltd
Sector: Finance & insurance
Country: Hong Kong
Year: 2023
Type: AR2
Pages: 392
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Bank of East Asia Ltd
Annual Report
The report highlights The Bank of East Asia's financial and sustainability progress in 2023. The bank achieved a pre-provision operating profit of HK$11,314 million, representing a 29.6% increase from 2022. In sustainability, BEA became the first Chinese member of the Net-Zero Banking Alliance and set interim financed emission reduction targets for its energy and power portfolios. Additionally, the bank established a Group-wide Sustainable Building Policy and achieved a 31% reduction in Scope 1 and 2 absolute emissions compared to the 2019 baseline.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English, Chinese
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Net Zero Target
Employees