China Zheshang Bank
China Zheshang Bank, headquartered in Hangzhou, CN, is a prominent player in the Chinese banking sector, established in 2004. With a strong presence in major operational regions across Zhejiang, Shanghai, and Beijing, the bank has rapidly expanded its services to cater to both individual and corporate clients. Specialising in commercial banking, China Zheshang Bank offers a diverse range of products, including personal loans, corporate financing, and wealth management services. Its commitment to innovation and customer-centric solutions sets it apart in a competitive market. Recognised for its robust financial performance, the bank has achieved significant milestones, including rapid asset growth and a strong capital base. As a key player in the industry, China Zheshang Bank continues to enhance its market position through strategic initiatives and a focus on sustainable development.
DitchCarbon Score
How does China Zheshang Bank'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 Zheshang Bank's score of 7 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
China Zheshang Bank's reported carbon emissions
In 2023, China Zheshang Bank reported total carbon emissions of approximately 56,412,700 kg CO2e, comprising about 3,586,640 kg CO2e from Scope 1 and about 52,826,060 kg CO2e from Scope 2 emissions. This represents a significant increase in emissions compared to previous years, with 2022 emissions recorded at approximately 181,280,830 kg CO2e, where Scope 1 accounted for about 3,184,020 kg CO2e and Scope 2 for about 178,096,800 kg CO2e. In 2021, the bank's emissions were approximately 16,755,830 kg CO2e, with Scope 1 emissions at about 335,550 kg CO2e and Scope 2 emissions at about 16,420,280 kg CO2e. The 2020 figures showed a total of approximately 19,572,910 kg CO2e, with Scope 1 emissions of about 324,270 kg CO2e and Scope 2 emissions of about 19,248,640 kg CO2e. Despite these emissions figures, China Zheshang Bank has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). The absence of defined climate pledges indicates a potential area for improvement in their climate strategy. As the financial sector increasingly prioritises sustainability, China Zheshang Bank may need to enhance its climate commitments to align with industry standards and expectations.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 324,270 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 19,248,640 | 00,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
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 Zheshang Bank is not committed to any reduction initiatives 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.
