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Created before Nov 2016
Last update: 2022-01-14 11:36:47

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Bank of China headquarters in Beijing. Photo: Max12Max via Wikimedia Commons (CC BY-SA 4.0)

About Bank of China

Bank of China is one of China's Big Four joint-stock commercial banks and was founded in 1912. Bank of China offers commercial banking, investment banking, insurance, asset management, aircraft leasing and other financial services. It is the most internationally orientated bank in China. The bank is majority-owned by the Chinese state (64.04% of shares).

Website http://www.boc.cn/en/index.html
Headquarters
No.1 Fuxingmen Nei Street, Xicheng District
100818 Beijing
China
CEO/chair Liu Liange
Chairman
Supervisor
People's Bank of China
Annual report Annual report 2021
Ownership
listed on Hong Kong Stock Exchange & Shanghai Stock Exchange

Central Huijin Investment (a state owned investment company) holds a majority share of 64.02%. Bank of China's complete shareholder structure can be viewed here.

Complaints and grievances

Bank of China does not operate a complaints orgrievances channel for individuals or communities that may be adversely affected by the bank's finance.

Related Dodgy Deals

Bank Of China has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Dodgy Deals map

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Policy Assessments

Banks and Climate

Bank net zero commitments

BankLast update
Country
Target 2025
Target 2030
Net zero 2050
SBT
NZBA
CCCA
Details
Bank of China
2021-03-24
CHN
0
China
Profile
Target 2025
0.5
Target 2030
Net zero 2050
SBT
NZBA
CCCA
20210324
Last update: 2021-03-24
Explanation

Goal 2025/2030: None

Goal 2050: None

Explanation

This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.

  • A blue check mark means the bank has set a target or joined the alliance. A check mark does not mean that the target set by the bank meets any particular standard, just that is has set a target. In case we have identified short comings in the target, for example when it only applies to lending and not underwriting), this is noted in the 'details' section.
  • An orange dash means a bank has pledged to set a target (for example, banks commit to set 2030 and 2050 targets when they join the NZBA), but have not yet actually done so.

Abbreviations:

CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets

For more details see this page.

Banks and Human Rights

Human Rights Benchmark November 2019

BankLast update
Country
Score
Ranking
Details
Bank of China
CHN
0
Laggard

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0
China
Score
Laggard