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Public Profile
Financial Intermediation
CN
updated 6 months ago

China Guangfa Bank Co., Ltd.

Company website

China Guangfa Bank Co., Ltd. (CGB), headquartered in Guangzhou, China, is a prominent player in the banking industry, offering a wide range of financial services. Established in 1988, CGB has grown significantly, expanding its operations across major regions in China and establishing a strong presence in retail and corporate banking. CGB is renowned for its innovative financial products, including personal loans, wealth management services, and corporate financing solutions. The bank's commitment to customer-centric services and advanced digital banking platforms sets it apart in a competitive market. With a focus on sustainable growth, CGB has achieved notable milestones, positioning itself as a leading financial institution in China.

DitchCarbon Score

How does China Guangfa Bank Co., Ltd.'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.

22

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.

27

Industry Benchmark

China Guangfa Bank Co., Ltd.'s score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

21%

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China Guangfa Bank Co., Ltd.'s reported carbon emissions

China Guangfa Bank Co., Ltd. currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the bank. This lack of data suggests that China Guangfa Bank may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As the financial sector increasingly prioritises sustainability, it is essential for institutions like China Guangfa Bank to consider developing and disclosing clear climate commitments and emissions data. This would not only align with global climate goals but also enhance transparency and accountability in their operations.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. China Guangfa Bank Co., Ltd.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for China Guangfa Bank Co., Ltd. is in CN, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

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 Guangfa Bank Co., Ltd. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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