China Bank Savings, Inc. Sustainability Profile
China Bank Savings, Inc. (CBSI), a subsidiary of China Banking Corporation, is a prominent player in the Philippine banking industry, headquartered in Makati City, Philippines. Established in 2009, CBSI has rapidly expanded its footprint across major operational regions, offering a range of financial services tailored to meet the needs of individual and business clients. Specialising in savings accounts, loans, and investment products, CBSI distinguishes itself through competitive interest rates and personalised customer service. The bank has achieved significant milestones, including a robust network of branches and ATMs, enhancing accessibility for its customers. With a commitment to innovation and financial inclusion, China Bank Savings continues to solidify its market position, making it a trusted choice for Filipinos seeking reliable banking solutions.
DitchCarbon Score
How does China Bank Savings, Inc.'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
China Bank Savings, Inc.'s score of 19 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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China Bank Savings, Inc., headquartered in the Philippines, currently does not have specific carbon emissions data available for the most recent year. The organisation is a current subsidiary of China Banking Corporation, which may influence its climate commitments and emissions reporting. As of now, there are no documented reduction targets or climate pledges from China Bank Savings, Inc. This lack of specific data suggests that the bank may still be in the early stages of developing its climate strategy or reporting framework. Given its status as a subsidiary, any potential emissions data or climate initiatives may be inherited from its parent company, China Banking Corporation. However, specific emissions figures or reduction targets from this source have not been disclosed. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction initiatives. It is essential for China Bank Savings, Inc. to align with these industry standards to enhance its environmental impact and meet stakeholder expectations.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 2,148,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 16,797,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is China Bank Savings, Inc.'s Industry?
How Carbon Intensive is China Bank Savings, Inc.'s Location?
China Bank Savings, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
China Bank Savings, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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