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 17 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, China Banking Corporation reported total carbon emissions of approximately 23,211,000 kg CO2e, a decrease from about 24,202,000 kg CO2e in 2019. The emissions breakdown for 2020 included about 10,095,000 kg CO2e from Scope 1 (direct emissions) and approximately 13,115,000 kg CO2e from Scope 2 (indirect emissions). Despite this reduction in total emissions, China Banking Corporation has not publicly disclosed specific reduction targets or initiatives aimed at further decreasing their carbon footprint. The absence of defined climate pledges or science-based targets indicates a potential area for growth in their sustainability commitments. As a financial institution headquartered in the Philippines, China Banking Corporation's emissions profile reflects the broader industry context, where banks are increasingly being called upon to enhance their climate strategies and transparency.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2019 | 2020 | |
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Scope 1 | 8,262,000 | 00,000,000 |
Scope 2 | 15,941,000 | 00,000,000 |
Scope 3 | - | - |
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 committed to any reduction initiatives 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.