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Changshu Rural Commercial Bank
Financial IntermediationChinaSHH: 601128.SS
Last verified 20 days agocsrcbank.com
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.
29
DitchCarbon score
-8 vs industry average
Changshu Rural Commercial Bank’s score of 29 is lower than 42% 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
Medium
Financial Intermediation has typical carbon intensity
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2025
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Changshu Rural Commercial Bank's reported carbon emissions
Changshu Rural Commercial Bank reported total Scope 1 and 2 emissions of about 24,328,390 kg CO2e in 2022. This includes approximately 838,810 kg CO2e from Scope 1 emissions and about 23,489,590 kg CO2e from Scope 2 emissions. In 2021, the bank's Scope 1 emissions were approximately 1,601,810 kg CO2e and Scope 2 emissions were about 21,882,140 kg CO2e, resulting in a combined Scope 1 and 2 total of approximately 23,483,950 kg CO2e. The bank has not disclosed Scope 3 emissions data.
Changshu Rural Commercial Bank is committed to reducing its carbon footprint. A pilot project focusing on the construction of a 'zero carbon outlet' is projected to generate 25,000 kWh of electricity annually, leading to a reduction of 6.80 tonnes of carbon emissions per year. This initiative is expected to contribute to both Scope 1 and Scope 2 emissions reductions between 2023 and 2025.
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Changshu Rural Commercial Bank’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Changshu Rural Commercial Bank20 days ago
29
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