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Public Profile
Financial Intermediation
CN
updated 2 days ago

Agricultural Bank of China

Company website

The Agricultural Bank of China (ABC), also known as Zhongguo Nongye Yinhang, is a leading financial institution headquartered in Beijing, China. Established in 1951, ABC has played a pivotal role in the development of China's agricultural sector and rural economy, with a strong presence across major operational regions including East and Central China. As a key player in the banking industry, ABC offers a diverse range of services, including corporate banking, personal banking, and wealth management. Its unique focus on agricultural financing distinguishes it from competitors, enabling it to support farmers and agribusinesses effectively. With a robust market position, ABC has achieved significant milestones, including being one of the largest banks globally by assets, reflecting its commitment to fostering economic growth in rural areas.

DitchCarbon Score

How does Agricultural Bank of China's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

31

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

27

Industry Benchmark

Agricultural Bank of China's score of 31 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

56%

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Agricultural Bank of China's reported carbon emissions

In 2023, the Agricultural Bank of China (ABC) reported total carbon emissions of approximately 2,211,446,430 kg CO2e, comprising 212,583,030 kg CO2e from Scope 1 and 1,998,863,400 kg CO2e from Scope 2 emissions. This marks a significant increase from 2020, when the bank's total emissions were about 102,392,770 kg CO2e, with Scope 1 emissions at 3,287,950 kg CO2e and Scope 2 emissions at 99,104,820 kg CO2e. ABC is actively pursuing carbon neutrality in its operations, with specific commitments to reduce Scope 1 and Scope 2 emissions by 2025. The bank has made continuous progress towards these targets, although specific percentage reductions have not been disclosed. As of now, there is no reported data on Scope 3 emissions, indicating a potential area for future focus. The emissions data is not cascaded from any parent organization, and all figures are directly reported by Agricultural Bank of China Limited.

Unlock detailed emissions data

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20202023
Scope 1
3,287,950
000,000,000
Scope 2
99,104,820
0,000,000,000
Scope 3
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Agricultural Bank of China's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Agricultural Bank of China is in CN, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Agricultural Bank of China is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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