Bank Of Chongqing

In 2023, Bank of Chongqing reported total carbon emissions of approximately 1,707,410 kg CO2e, encompassing both Scope 1 and Scope 2 emissions. This figure reflects a continued commitment to monitoring and managing their carbon footprint, although specific reduction targets or initiatives have not been disclosed. In the previous year, 2022, the bank's emissions were about 1,745,830 kg CO2e, indicating a slight decrease in emissions. The bank's Scope 1 emissions, which include direct emissions from owned or controlled sources, were not separately reported for 2022 and 2023, while Scope 2 emissions, related to purchased electricity, were also not detailed. Over the years, Bank of Chongqing has shown fluctuations in its emissions, with a peak in 2019 at approximately 2,148,030 kg CO2e. The bank's emissions have generally trended downwards since then, with a notable reduction from 2,148,030 kg CO2e in 2019 to 1,574,450 kg CO2e in 2020, and further to 1,762,660 kg CO2e in 2021. Despite these reductions, the bank has not established specific science-based targets or climate pledges, which are increasingly common in the financial sector. This lack of formal commitments may impact its ability to align with global climate goals. Overall, while Bank of Chongqing is actively tracking its emissions, further transparency and commitment to reduction targets would enhance its climate strategy.