Agricultural Development Bank of China Sustainability Profile
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.
DitchCarbon Score
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.
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 Development Bank of China's score of 22 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Agricultural Development Bank of China's reported carbon emissions
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 data. 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 commitments to the Science Based Targets initiative (SBTi), nor does it have any climate pledges outlined. This lack of data suggests that the bank may be in the early stages of developing its climate strategy or reporting framework. As the bank operates within the financial sector, it is essential for it to align with industry standards and best practices regarding climate commitments. The absence of emissions data and reduction initiatives highlights an opportunity for the Agricultural Development Bank of China to enhance its sustainability efforts and transparency in climate-related disclosures.
How Carbon Intensive is Agricultural Development Bank of China's Industry?
How Carbon Intensive is Agricultural Development Bank of China's Location?
Agricultural Development Bank of China's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Agricultural Development Bank of China has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
