China Merchants Bank
China Merchants Bank (CMB), headquartered in Shenzhen, China, is a leading commercial bank in the Asia-Pacific region. Established in 1987, CMB has grown significantly, becoming a key player in the banking industry with a focus on retail banking, corporate banking, and wealth management services.
The bank is renowned for its innovative financial products, including personal loans, credit cards, and investment services, which cater to a diverse clientele. CMB's commitment to digital banking solutions sets it apart, enhancing customer experience and operational efficiency.
With a strong market position, CMB has received numerous accolades for its financial performance and customer service, solidifying its reputation as a trusted financial institution in China and beyond.
+17 vs industry average
China Merchants Bank’s score of 53 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Services Auxiliary to Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
China Merchants Bank's reported carbon emissions
In 2025, China Merchants Bank reported total carbon emissions of approximately 376,390,000 kg CO2e, comprising Scope 1 emissions of about 3,120,000 kg CO2e, Scope 2 emissions of approximately 48,350,000 kg CO2e, and Scope 3 emissions of around 376,390,000 kg CO2e. The bank has set ambitious reduction targets, aiming for a 20% decrease in Scope 1 fixed emission source carbon emissions and a 4% reduction in Scope 2 purchased electricity carbon emissions by 2025, compared to 2023 levels. The emissions data reflects a commitment to addressing climate change, with a focus on reducing operational impacts. The bank's initiatives are aligned with industry standards, demonstrating a proactive approach to sustainability. As of now, there are no emissions data cascaded from a parent organization, indicating that all reported figures are directly from China Merchants Bank Co., Ltd.
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China Merchants Bank’s Climate Goals (2030 & 2050)
2 goals2025
20% reduction in Scope 1
By 2025, Scope 1 fixed emission source carbon emissions will decrease by 20% compared to 2023.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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China Merchants Bank
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