Bank Of Chongqing
Bank of Chongqing, also known as Chongqing Bank, is a prominent financial institution headquartered in Chongqing, China. Established in 1996, the bank has grown to become a key player in the Chinese banking sector, primarily serving the southwestern region of the country. Specialising in commercial banking, Bank of Chongqing offers a diverse range of services, including personal and corporate loans, wealth management, and trade finance. Its commitment to innovation and customer service distinguishes it from competitors, making it a trusted choice for both individuals and businesses. With a strong market presence, Bank of Chongqing has achieved significant milestones, including rapid asset growth and an expanding network of branches. The bank continues to enhance its offerings, positioning itself as a leader in the evolving financial landscape of China.
DitchCarbon Score
How does Bank Of Chongqing'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 Chongqing's score of 24 is lower than 58% 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 Chongqing's reported carbon emissions
In 2023, Bank of Chongqing reported total carbon emissions of approximately 1,707,410 kg CO2e, encompassing Scope 1 and Scope 2 emissions. This figure reflects a slight decrease from 2022, when emissions were about 1,745,830 kg CO2e, and from 2021, which recorded approximately 1,762,660 kg CO2e. The bank's emissions data indicates a trend of gradual reduction over the past few years, with 2020 emissions at about 1,574,450 kg CO2e. The emissions breakdown for 2020 included Scope 1 emissions from mobile combustion at approximately 25,280 kg CO2e and Scope 2 emissions from purchased electricity at about 1,481,740 kg CO2e. However, there is no disclosed data for Scope 3 emissions across the reported years. Despite the observed reductions, Bank of Chongqing has not set specific reduction targets or climate pledges, nor are there any initiatives reported under the Science Based Targets initiative (SBTi). The bank's commitment to climate action remains unclear, as no formal climate pledges or reduction initiatives have been documented. Overall, while Bank of Chongqing has shown a positive trend in reducing its carbon footprint, the absence of formal targets or commitments highlights an area for potential improvement in its climate strategy.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 25,280 | - | - | - |
| Scope 2 | 1,481,740 | - | - | - |
| Scope 3 | - | - | - | - |
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.
Bank Of Chongqing 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.
