Agricultural Bank of China
The Agricultural Bank of China (ABC), a prominent player in the financial intermediation services sector, is headquartered in Beijing, CN. Established in 1951, ABC has evolved into a leading financial institution, primarily serving rural and agricultural sectors while also catering to urban clients. Its extensive network spans across major operational regions in China, providing a wide array of banking services.
ABC's core offerings include personal banking, corporate banking, and treasury services, distinguished by their focus on agricultural financing and rural development. The bank has achieved significant milestones, including its successful IPO in 2010, which marked one of the largest public offerings in history. With a strong market position, ABC is recognised for its commitment to supporting China's agricultural economy, making it a vital contributor to the nation's financial landscape.
+5 vs industry average
Agricultural Bank of China’s score of 42 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Agricultural Bank of China?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Agricultural Bank of China's reported carbon emissions
Agricultural Bank of China (ABC) reported total emissions of approximately 2.14 billion kg CO2e for fiscal year 2024. This figure comprises approximately 165.3 million kg CO2e from Scope 1 emissions and approximately 1.97 billion kg CO2e from Scope 2 emissions. Scope 3 emissions, specifically waste generated in operations, accounted for approximately 4.05 million kg CO2e.
In fiscal year 2023, ABC's Scope 1 emissions were approximately 212.6 million kg CO2e, and Scope 2 emissions were approximately 1.99 billion kg CO2e.
For fiscal year 2021, the bank reported total emissions of approximately 258.2 million kg CO2e, with Scope 1 emissions at approximately 20.7 million kg CO2e and Scope 2 emissions at approximately 237.5 million kg CO2e.
In fiscal year 2020, ABC's total emissions were approximately 102.4 million kg CO2e, with Scope 1 emissions at approximately 3.3 million kg CO2e and Scope 2 emissions at approximately 99.1 million kg CO2e.
Agricultural Bank of China is pursuing carbon neutrality in its operations, with stated goals for near-term progress towards this objective for Scope 1 and Scope 2 emissions, targeting completion by 2025. The bank also highlights progress towards carbon neutrality in its operations for 2023. ABC operates within the financial intermediation services sector (excluding insurance and pension funding).
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Agricultural Bank of China’s Climate Goals (2030 & 2050)
2 goals2025
The Bank made continuous progress toward carbon neutrality i…
The Bank made continuous progress toward carbon neutrality in its operations.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
Already have an account? Sign in now
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
Emissions comparison with industry peers
View similar organisations
Agricultural Bank of China
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project