Changshu Rural Commercial Bank, also known as Changshu Rural Bank, is a prominent financial institution headquartered in Changshu, Jiangsu Province, China. Established in 2006, the bank has rapidly evolved to serve the financial needs of rural communities and small enterprises across the region. Operating primarily in the Jiangsu area, Changshu Rural Commercial Bank focuses on providing a range of banking services, including personal and business loans, savings accounts, and wealth management solutions. Its commitment to supporting local economic development sets it apart in the competitive banking landscape. With a strong emphasis on customer service and community engagement, the bank has achieved significant milestones, positioning itself as a trusted partner for rural financial services. Its innovative approach to banking continues to enhance its reputation and market presence in the industry.
How does Changshu Rural Commercial Bank'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.
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.
Changshu Rural Commercial Bank's score of 28 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Changshu Rural Commercial Bank, headquartered in China, currently does not report any specific carbon emissions data. However, the bank has initiated significant climate commitments aimed at reducing its carbon footprint. The bank is piloting the construction of a 'zero carbon outlet', which is expected to generate approximately 25,000 kWh of electricity annually. This initiative is projected to lead to a reduction of about 6.80 tonnes CO2e of carbon emissions per year, targeting both Scope 1 and Scope 2 emissions. The timeframe for this project spans from 2023 to 2025. While there are no specific reduction targets set under the Science Based Targets initiative (SBTi), the bank's commitment to establishing a zero carbon outlet reflects its dedication to achieving net-zero emissions in the near term. As of now, there is no inherited emissions data from a parent or related organization, indicating that all initiatives are independently sourced.
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.
Changshu Rural Commercial Bank 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.