Ditchcarbon
  • Contact
  1. Organizations
  2. China Minsheng Banking
Public Profile
Financial Intermediation
CN
updated a month ago

China Minsheng Banking

Company website

China Minsheng Banking Corporation (CMBC), commonly referred to as Minsheng Bank, is a prominent financial institution headquartered in Beijing, China. Established in 1996, it has rapidly evolved into a key player in the banking sector, primarily serving the needs of small and medium-sized enterprises (SMEs) across the nation. Operating extensively throughout major regions in China, Minsheng Bank offers a diverse range of financial services, including corporate banking, personal banking, and wealth management. Its unique focus on SMEs distinguishes it from other banks, fostering economic growth and innovation within this vital sector. With a commitment to customer-centric solutions, Minsheng Bank has achieved significant milestones, positioning itself as one of the largest commercial banks in China. Its dedication to enhancing financial accessibility and supporting entrepreneurship has earned it a reputable standing in the competitive banking landscape.

DitchCarbon Score

How does China Minsheng Banking'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.

39

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.

30

Industry Benchmark

China Minsheng Banking's score of 39 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

61%

Let us know if this data was useful to you

China Minsheng Banking's reported carbon emissions

In 2023, China Minsheng Banking reported total carbon emissions of approximately 65,968,810 kg CO2e, comprising 7,641,340 kg CO2e from Scope 1 emissions and 58,327,470 kg CO2e from Scope 2 emissions. The Scope 1 emissions included 3,127,920 kg CO2e from mobile combustion and 4,433,210 kg CO2e from stationary combustion. The bank has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions to near zero by 2025. This target reflects a proactive approach to addressing climate change and aligns with industry standards for net-zero initiatives. In 2022, the bank's emissions were slightly higher, with a total of approximately 84,327,290 kg CO2e, indicating a need for significant reductions in the coming years. The bank's commitment to sustainability is further underscored by its ongoing efforts to enhance its environmental performance and transparency in emissions reporting. China Minsheng Banking's emissions data is independently reported and does not cascade from any parent organization, ensuring that its climate commitments are directly attributable to its own operational practices.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20182019202120222023
Scope 1
15,919,280
00,000,000
0,000,000
0,000,000
0,000,000
Scope 2
59,450,940
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. China Minsheng Banking'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 Minsheng Banking 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 Minsheng Banking 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

Similar Organizations

Postal Savings Bank Of China

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

Jiutai Rural Commercial Bank

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 6 days ago

Ping An Bank Co., Ltd.

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

China CITIC Bank Corporation Limited

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Jiangsu Jiangnan Rural Commercial Bank Co.,Ltd

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

Chongqing Rural Commercial Bank Co

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 15 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v251005.1
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy