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 22 is lower than 80% 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 report any specific carbon emissions data, as indicated by the absence of figures in the latest emissions report. Consequently, there are no recorded emissions in terms of Scope 1, 2, or 3. Additionally, the bank has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments towards carbon neutrality or emissions reduction initiatives at this time. As the bank does not inherit emissions data from a parent organisation, all information is derived solely from its own reporting. Without specific emissions data or reduction commitments, the Agricultural Development Bank of China remains in a position where its climate impact and strategies are not clearly defined within the current industry context.
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 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.