The Agricultural Development Bank of China (ADBC), headquartered in Beijing, is a pivotal institution in the agricultural finance sector. Established in 1994, ADBC has played a crucial role in supporting China's agricultural development and rural economic growth, primarily operating across various regions in China. As a state-owned policy bank, ADBC focuses on providing financial services tailored to the agricultural industry, including loans, investment, and advisory services. Its unique approach combines financial support with a commitment to sustainable agricultural practices, positioning it as a leader in the sector. With a strong market presence, ADBC has achieved significant milestones, including substantial contributions to rural infrastructure and food security initiatives. Its dedication to fostering agricultural innovation and development underscores its vital role in enhancing the livelihoods of farmers and promoting rural prosperity in China.
How does Agricultural Development 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.
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.
Agricultural Development Bank of China's score of 20 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Agricultural Development Bank of China, headquartered in CN, currently does not have publicly available data on its carbon emissions, as no specific emissions figures have been reported. Additionally, there are no documented reduction targets or climate pledges outlined by the bank. This absence of data suggests that the bank may still be in the early stages of formalising its climate commitments or reporting practices. In the context of the financial sector, it is increasingly important for institutions to establish clear climate strategies and emissions reduction goals to align with global sustainability efforts.
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 Development Bank of China is not committed to any reduction initiatives 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.