China Banking Corporation, commonly known as China Bank, is a prominent financial institution headquartered in the Philippines. Established in 1920, it has grown to become a key player in the banking industry, offering a wide range of services across various operational regions, including Metro Manila and other major cities. With a focus on commercial banking, China Bank provides core products such as corporate loans, retail banking, and investment services. Its commitment to innovation and customer service distinguishes it from competitors. Over the years, China Bank has achieved significant milestones, including the expansion of its branch network and the introduction of digital banking solutions, solidifying its market position as a trusted financial partner in the Philippines.
How does China Banking Corporation'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.
China Banking Corporation'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.
As of the latest available data, China Banking Corporation does not report any specific carbon emissions figures, indicating a lack of publicly disclosed emissions data. Consequently, there are no recorded Scope 1, 2, or 3 emissions figures to analyse. Furthermore, the bank has not established any documented reduction targets or climate pledges, which suggests that it may not currently be engaged in formal climate commitments or initiatives aimed at reducing its carbon footprint. In the context of the banking industry, many institutions are increasingly adopting climate strategies and setting science-based targets to align with global climate goals. However, without specific data or commitments from China Banking Corporation, it remains unclear how the bank is addressing climate change and carbon emissions within its operations. Overall, the absence of emissions data and reduction initiatives highlights a potential area for improvement in the bank's environmental strategy and transparency regarding its climate impact.
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.
China Banking Corporation 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.