Bank of Changsha Sustainability Profile
The Bank of Changsha, also known as Changsha Bank, is a prominent financial institution headquartered in Changsha, Hunan Province, China. Established in 2000, the bank has grown to become a key player in the Chinese banking sector, primarily serving the Hunan region and expanding its operations across various provinces. Specialising in retail banking, corporate finance, and wealth management, the Bank of Changsha offers a range of unique products and services tailored to meet the diverse needs of its clientele. Its commitment to innovation and customer service has positioned it as a trusted partner for individuals and businesses alike. With a focus on sustainable growth and community development, the Bank of Changsha has achieved notable milestones, including significant advancements in digital banking solutions, enhancing its market presence and reputation within the industry.
DitchCarbon Score
How does Bank of Changsha'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
Bank of Changsha'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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Bank of Changsha's reported carbon emissions
In 2020, the Bank of Changsha reported total carbon emissions of approximately 18,921,780 kg CO2e. This figure includes 768,000 kg CO2e from Scope 1 emissions and about 18,153,780 kg CO2e from Scope 2 emissions. Notably, the bank has not disclosed any Scope 3 emissions data. Currently, the Bank of Changsha has not set any specific reduction targets or initiatives, nor does it participate in the Science Based Targets initiative (SBTi). The absence of formal climate pledges indicates a potential area for future commitment to sustainability and emissions reduction. As a financial institution headquartered in China, the Bank of Changsha operates within an industry context that increasingly prioritises climate action and transparency. The bank's emissions data is self-reported and not cascaded from any parent organisation, ensuring that the figures reflect its direct operational impact.
How Carbon Intensive is Bank of Changsha's Industry?
How Carbon Intensive is Bank of Changsha's Location?
Bank of Changsha'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.
Bank of Changsha 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.
