Changshu Rural Commercial Bank
Changshu Rural Commercial Bank, headquartered in Changshu, Jiangsu Province, China, is a prominent player in the financial intermediation services sector, specifically focusing on services excluding insurance and pension funding. Established in 2006, the bank has steadily expanded its operations across various regions, providing essential financial services to rural and urban communities alike.
The bank offers a diverse range of products, including personal and business loans, savings accounts, and wealth management services, distinguished by their customer-centric approach and competitive interest rates. With a commitment to fostering local economic development, Changshu Rural Commercial Bank has achieved significant milestones, positioning itself as a trusted financial partner in the region. Its dedication to innovation and community support has solidified its reputation within the industry, making it a key player in China's evolving financial landscape.
-4 vs industry average
Changshu Rural Commercial Bank’s score of 31 is lower than 43% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Changshu Rural Commercial Bank's reported carbon emissions
Changshu Rural Commercial Bank, headquartered in CN and operating within Financial intermediation services, except insurance and pension funding services (65), reported a total of approximately 24.3 million kg CO2e in Scope 1 and 2 emissions for the year 2022. This figure comprises approximately 838,810 kg CO2e for Scope 1 emissions and about 23.5 million kg CO2e for Scope 2 emissions.
In the preceding year, 2021, the bank's Scope 1 and 2 emissions totalled approximately 23.5 million kg CO2e. This included approximately 1.6 million kg CO2e from Scope 1 and about 21.9 million kg CO2e from Scope 2.
Changshu Rural Commercial Bank has initiated climate commitments with a focus on near-term targets. Through the pilot construction of a 'zero carbon outlet,' the bank aims to generate 25,000 kWh of electricity annually. This initiative is projected to lead to a reduction of approximately 6.80 tonnes of carbon emissions per year for both Scope 1 and Scope 2. These efforts are planned between 2023 and 2025. The bank's emissions data for 2022 and 2021 indicates a lack of reported Scope 3 emissions data, with missing data points noted for purchased goods and services.
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Changshu Rural Commercial Bank’s Climate Goals (2030 & 2050)
2 goals2025
The pilot construction of 'zero carbon outlet' is expected t…
The pilot construction of 'zero carbon outlet' is expected to generate 25,000 kWh of electricity annually, which can lead to a reduction of…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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