China Guangfa Bank Co., Ltd.
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 79% 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 Guangfa Bank Co., Ltd.'s reported carbon emissions
China Guangfa Bank Co., Ltd., headquartered in China (CN), 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. As of now, China Guangfa Bank has not inherited any emissions data from a parent or related organization, nor does it have any commitments to the Science Based Targets initiative (SBTi) or other climate initiatives. This lack of data and commitments suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. In the context of the banking industry, it is increasingly important for financial institutions to establish clear carbon reduction targets and transparent reporting practices to align with global climate goals. Without specific emissions data or reduction initiatives, China Guangfa Bank may face challenges in demonstrating its commitment to sustainability and climate action.
Industry emissions intensity
Location emissions intensity
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.
