Agricultural Bank of China
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.
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.
Industry Benchmark
Agricultural Bank of China's score of 44 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Agricultural Bank of China's reported carbon emissions
In 2024, the Agricultural Bank of China (ABC) reported total carbon emissions of approximately 2,142,958,980 kg CO2e. This figure includes 165,275,900 kg CO2e from Scope 1 emissions, primarily from mobile and stationary combustion, and 1,973,634,020 kg CO2e from Scope 2 emissions. Scope 3 emissions were significantly lower, at about 4,049,060 kg CO2e. The combined Scope 1 and 2 emissions totalled approximately 2,138,909,920 kg CO2e. In 2023, ABC's emissions were slightly lower, with a total of about 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. The bank did not disclose Scope 3 emissions for that year. ABC has set ambitious near-term targets for carbon neutrality in its operations, aiming for reductions in both Scope 1 and Scope 2 emissions by 2025. These commitments reflect the bank's ongoing efforts to enhance its sustainability practices and align with global climate initiatives. Overall, ABC's emissions data and climate commitments demonstrate a proactive approach to addressing climate change, with a focus on reducing operational carbon footprints in the coming years.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 3,287,950 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 99,104,820 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 0,000,000 |
Industry emissions intensity
Location emissions intensity
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.
