China Guangfa Bank Co., Ltd. Sustainability Profile
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.
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 Guangfa Bank Co., Ltd.'s score of 22 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
China Guangfa Bank Co., Ltd.'s reported carbon emissions
China Guangfa Bank Co., Ltd. currently does not have available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, the bank has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi). In the context of climate commitments, China Guangfa Bank has not publicly outlined any significant climate pledges or initiatives aimed at reducing its carbon footprint. As such, there are no emissions data cascaded from a parent or related organization, and the bank operates independently in this regard. Overall, while China Guangfa Bank Co., Ltd. has not disclosed specific emissions data or reduction targets, it remains essential for financial institutions to engage in climate action and transparency to align with global sustainability goals.
How Carbon Intensive is China Guangfa Bank Co., Ltd.'s Industry?
How Carbon Intensive is China Guangfa Bank Co., Ltd.'s Location?
China Guangfa Bank Co., Ltd.'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 Guangfa Bank Co., Ltd. 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.
