Bank of East Asia Ltd 2024 AR2
The report highlights the financial and sustainability performance of The Bank of East Asia, Limited for the fiscal year 2024. During the year, the bank advanced its OneBank strategy to deliver seamless cross-boundary banking experiences in the Greater Bay Area and beyond. On the sustainability front, the bank committed to achieving net zero operational emissions by 2030 and net zero financed emissions by 2050, completing the measurement of financed emissions for carbon-intensive sectors. Additionally, the bank successfully implemented an enhanced climate risk assessment process for corporate customers and launched its first double materiality assessment.
Company: Bank of East Asia Ltd
Sector: Financials
Country: Hong Kong
Year: 2024
Type: AR2
Pages: 408
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 2024. During the year, the bank advanced its OneBank strategy to deliver seamless cross-boundary banking experiences in the Greater Bay Area and beyond. On the sustainability front, the bank committed to achieving net zero operational emissions by 2030 and net zero financed emissions by 2050, completing the measurement of financed emissions for carbon-intensive sectors. Additionally, the bank successfully implemented an enhanced climate risk assessment process for corporate customers and launched its first double materiality assessment.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Feb 20, 2025
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